Cardano Präis bounces Off $ 0.50 Resistenzniveau, FOMO op Tamadoge

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Cardano remains under sellers’ control

ADA Präis Analyse - 22. September

Should the buyers interrupt the sellers, the bulls’ pressure may increase the price to break up $0.47, the next resistance levels can be found at $0.50, and $0.54 levels. In case the sellers exert more pressure, the daily candle may close below $0.41 level, Kardan may decrease to $0.38 and $0.34 levels.

ADA / USD Maart

Schlëssel Niveauen:

Resistenzniveauen: $ 0.47, $ 0.50, $ 0.54

Ënnerstëtzungsniveauen: $ 0.41, $ 0.38, $ 0.34

ADA / USD Langfristeg Trend: Bieresch

Kardan is bearish on the daily chart. The price action formed a descending channel in the Cardano market. This pattern indicate that the coin is on bearish trend. The crypto bottomed at the support level of $0.41 on August 26. The crypto bounced up and commenced a bullish movement. The former resistance level of $0.47 was broken upside and the resistance level of $0.50 was tested. Sellers interrupted the bullish movement with the formation of strong daily bearish candle. The price face the previous low at $0.41 at the moment. The lower trend line of the channel may be tested.

The price is trading below the two dynamic support levels of 9 periods EMA and 21 periods EMA at close which indicate a bearish momentum. Should the buyers interrupt the sellers, the bulls’ pressure may increase the price to break up $0.47, the next resistance levels can be found at $0.50, and $0.54 levels. In case the sellers exert more pressure, the daily candle may close below $0.41 level, Cardano may decrease to $0.38 and $0.34 levels.. The technical indicator Relative Strength Index is at 44 levels with the signal line pointing downside which indicates a bearish signal.

Kaaft Cardano Elo

 Äert Kapital ass a Gefor

Tamadoge OKX

ADA/USD Medium-term Trend: Bearish, FOMO on Tamadoge

Cardano ass bearish op 4-Stonn Chart. D'Mënz spréngt of vun der ieweschter Trendlinn vum erofgaang Kanal geformt an der 4-Stonne Chart. D'Krypto geet lues a lues op den Ënnerstëtzungsniveau vun $0.41. Staark Verkeefer Drock op der 4-Stonn Chart kann de Präis ënner $0.41 Ënnerstëtzung Niveau Plaz.

Déi 9 Perioden EMA kräizt den 21 Perioden EMA Nodeel fir unzeweisen datt Bieren a Kontroll vum Cardano Maart sinn. De relativen Stäerkt Index Period 14 weist den Nodeel op 47 Niveauen, wat de Verkafssignal ugeet.

Tamadoge Head of Growth Carl Dawkins huet op enger Blockchain an NFT Konferenz als Deel vun der London Metaverse Week e Samschdeg geschwat, mat e puer aner TAMA Inhaber derbäi. Nei Krypto-Token-Virverkaf an ICOs kënnen dacks bearish Maartbedéngungen iwwerwannen, och wann hire Startdag e rouden Dag ass - Investisseursentiment, Hype an Optimismus ass héchst an de fréie Stadien vun engem neie Krypto-Projet.

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Source: https://insidebitcoins.com/news/cardano-cardano