{"id":653970,"date":"2024-11-20T05:08:24","date_gmt":"2024-11-20T05:08:24","guid":{"rendered":"https:\/\/uniquehot.com\/?p=653970"},"modified":"2024-11-20T03:56:57","modified_gmt":"2024-11-20T03:56:57","slug":"cardano-ada-new-gains-0-7880","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/ada\/cardano-ada-new-gains-0-7880\/","title":{"rendered":"Cardano (ADA) Sets Sights on New Gains: Is a Surge Imminent?"},"content":{"rendered":"
Cardano price started a consolidation phase above the $0.700 zone. ADA is holding gains and might aim for a fresh increase above $0.7880.<\/em><\/p>\n
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ADA price started a downside correction after a strong rally toward $0.8200.<\/li>\n
The price is trading above $0.740 and the 100-hourly simple moving average.<\/li>\n
There was a break above a short-term contracting triangle with resistance at $0.7550 on the hourly chart of the ADA\/USD pair (data source from Kraken).<\/li>\n
The pair could start another increase if it clears the $0.7880 resistance zone.<\/li>\n<\/ul>\n