您现在的位置是:ADA attempts to break the $1.42 resistance level again >>正文
ADA attempts to break the $1.42 resistance level again
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛7人已围观
简介Cardano has failed to break the $1.42 resistance level again, but it will likely retest this level a...
Cardano has failed to break the $1.42 resistance level again, but it will likely retest this level as its price is currently up by less than 1% over the past few hours
The cryptocurrency market is recovering after a slight dip a few hours ago. Bitcoin was able to reach the $40,000 mark, and its value is now up by less than 1% in the past 24 hours. Ether, Dogecoin and Binance Coin are also trading in the positive zone, despite adding less than 1% to their value.
Cardano failed to break the resistance level at $1.42 yesterday, with the cryptocurrency correcting lower towards the $1.25 region. However, ADA is attempting to break past the resistance level again, with its price currently up by over 1%.
ADA price outlook
The ADA/USD 4-hour chart is turning bullish after the cryptocurrency retraced lower a few hours ago. ADA’s price is up by 1% over the past 24 hours, and it is currently trading at $1.28 per coin after dropping to the $1.25 level yesterday.
In its current state, ADA could continue its run and likely surpass the 24-hour high of $1.32. In the event of an extended rally fuelled by the broader cryptocurrency market, ADA could look to break the major resistance level at $1.42 after failing twice over the past week.
ADA/USD 4-hour chart. Source: Coinalyze
Unless there is an extended market rally, the 30-day high of $1.499 should cap further upside movement. However, the bears haven’t completely given up control of the market, as evidenced by the slight correction in the past few hours.
If ADA fails to break the $1.42 resistance level, then it could correct lower and drop towards the $1.30 level again. The 100-4-hour Simple Moving Average at $1.21 should limit any further potential downward movement though.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/95282.html
相关文章
LUNA outperforms the other major cryptocurrencies
ADA attempts to break the $1.42 resistance level againThe cryptocurrency market is experiencing a mixed start to the week, but LUNA is performing above th...
阅读更多
MyNeighborAlice (ALICE) Price gained 11%: is now the time to buy?
ADA attempts to break the $1.42 resistance level againMyNeighborAlice (Alice) doesn’t seem to have anything to do with the evergreen hit, at least n...
阅读更多
Indian social token GARI announces listing on CoinDCX
ADA attempts to break the $1.42 resistance level againThe listing is a leap towards financially empowering creators, Chingari CEO saidIndia’s first...
阅读更多
热门文章
- Searching for your big O? Let "Oh!" handle it for you
- Render price: RNDR rebounds as Nvidia drives fresh AI hype
- Zeiss set to unveil transparent camera tech at CES 2024
- WAVES token price surges 100% in seven days: here is the reason why?
- UAE to join NASA’s Artemis lunar space station project
- Bitcoin remains the focus as outflows hit March highs
最新文章
Komodo (KMD) plans to offer Interoperability support for AtomicDEX
Best tokens you can buy under $1 as of February 21, 2022: GRT, AMP, LRC and ZRX
Binance seals crypto partnership with Brazil's soccer federation
Kishu Inu (KISHU) price has jumped 8% today: why is it rallying?
Craig Wright loses appeal in case against Peter McCormack
These are the best NFT crypto projects to watch out for in February