{"id":522769,"date":"2023-03-13T05:48:44","date_gmt":"2023-03-13T05:48:44","guid":{"rendered":"https:\/\/ktsl888.com\/?p=522769"},"modified":"2024-06-11T07:09:07","modified_gmt":"2024-06-11T07:09:07","slug":"cardano-ada-price-rally-0-35","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/cardano-ada-price-rally-0-35\/","title":{"rendered":"Cardano (ADA) Price Rally Reaches Crucial Juncture, $0.35 Is The Key"},"content":{"rendered":"<p><em>Cardano\u2019s price started a fresh increase above the $0.32 resistance. ADA rise further if it clears the $0.350 resistance zone.<\/em><\/p>\n<ul>\n<li>ADA price is gaining bullish momentum above the $0.320 support against the US dollar.<\/li>\n<li>The price is trading above $0.320 and the 100 simple moving average (4-hours).<\/li>\n<li>There is a crucial bearish trend line forming with resistance near $0.348 on the 4-hours chart of the ADA\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to move up if it clears the $0.35 resistance zone.<\/li>\n<\/ul>\n<h2>Cardano\u2019s Price Surges 10%<\/h2>\n<p>After a steady decline, cardano\u2019s price found support near the $0.298 zone. The price traded as low as $0.2979 and recently started a decent increase.<\/p>\n<p>There was a clear move above the $0.315 and $0.320 resistance levels. The bulls pumped the price above the 23.36% Fib retracement level of the main drop from the $0.4213 swing high to $0.2979 low. The price even surpassed the $0.3300 resistance zone.<\/p>\n<p>ADA price is now trading above $0.320 and the 100 simple moving average (4-hours). Today, the price is up around 10% and showing positive signs, similar to <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-rallies-10-22k\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-signals-bullish-breakout-why-dips-turned-attractive\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">ethereum<\/a>.<\/p>\n<p>On the upside, an immediate resistance is near the $0.348 zone. There is also a crucial bearish trend line forming with resistance near $0.348 on the 4-hours chart of the ADA\/USD pair. The next major resistance is forming near the $0.36 zone. It is near the 50% Fib retracement level of the main drop from the $0.4213 swing high to $0.2979 low.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-522770\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?resize=1834%2C845\" alt=\"Cardano\u2019s ADA Price\" width=\"1834\" height=\"845\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?w=1834 1834w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/Cardano-ADA-1.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ADAUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">ADAUSD on TradingView.com<\/a><\/p>\n<p>If there is an upside break above the $0.350 and $0.360 resistance levels, the price could start a strong increase. In the stated case, the price could rise steadily towards the $0.40 level. An intermediate resistance might be $0.42.<\/p>\n<h2>Dips Limited in ADA?<\/h2>\n<p>If cardano\u2019s price fails to climb above the $0.348 and $0.350 resistance levels, it could start a fresh decline. An immediate support on the downside is near the $0.330 level.<\/p>\n<p>The next major support is near the $0.320 level. A downside break below the $0.320 level could open the doors for a fresh decline towards $0.300. The next major support is near the $0.288 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-hours MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bullish zone.<\/p>\n<p>4-hours RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.330, $0.320 and $0.300.<\/p>\n<p>Major Resistance Levels \u2013 $0.348, $0.350 and $0.360.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano\u2019s price started a fresh increase above the $0.32 resistance. ADA rise further if it clears the $0.350 resistance zone. ADA price is gaining bullish momentum above the $0.320 support against the US dollar. The price is trading above $0.320 and the 100 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.348 on the 4-hours chart of the ADA\/USD pair (data source from Kraken). The pair could continue to move up if it clears the $0.35 resistance zone. Cardano\u2019s Price Surges 10% After a steady decline, cardano\u2019s price found support near the $0.298 zone. The price traded as low as $0.2979 and recently started a decent increase. There was a clear move above the $0.315 and $0.320 resistance levels. The bulls pumped the price above the 23.36% Fib retracement level of the main drop from the $0.4213 swing high to $0.2979 low. The price even surpassed the $0.3300 resistance zone. ADA price is now trading above $0.320 and the 100 simple moving average (4-hours). Today, the price is up around 10% and showing positive signs, similar to bitcoin and ethereum. On the upside, an immediate resistance is near the $0.348 zone. There is also a crucial bearish trend line forming with resistance near $0.348 on the 4-hours chart of the ADA\/USD pair. The next major resistance is forming near the $0.36 zone. It is near the 50% Fib retracement level of the main drop from the $0.4213 swing high to $0.2979 low. Source: ADAUSD on TradingView.com If there is an upside break above the $0.350 and $0.360 resistance levels, the price could start a strong increase. In the stated case, the price could rise steadily towards the $0.40 level. An intermediate resistance might be $0.42. Dips Limited in ADA? If cardano\u2019s price fails to climb above the $0.348 and $0.350 resistance levels, it could start a fresh decline. An immediate support on the downside is near the $0.330 level. The next major support is near the $0.320 level. A downside break below the $0.320 level could open the doors for a fresh decline towards $0.300. The next major support is near the $0.288 level. Technical Indicators 4-hours MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bullish zone. 4-hours RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now above the 50 level. Major Support Levels \u2013 $0.330, $0.320 and $0.300. Major Resistance Levels \u2013 $0.348, $0.350 and $0.360.<\/p>\n","protected":false},"author":67,"featured_media":446239,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,14643,79508,12332],"class_list":["post-522769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-adausd","tag-adausdt","tag-cardano"],"acf":[],"yoast_head":"\n<title>Cardano (ADA) Price Rally Reaches Crucial Juncture, $0.35 Is The Key<\/title>\n<meta name=\"description\" content=\"Cardano\u2019s price started a fresh increase above the $0.32 resistance. 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ADA rise further if it clears the $0.350 resistance zone.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/cardano\/cardano-ada-price-rally-0-35\/","og_locale":"en_US","og_type":"article","og_title":"Cardano (ADA) Price Rally Reaches Crucial Juncture, $0.35 Is The Key","og_description":"Cardano\u2019s price started a fresh increase above the $0.32 resistance. 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