Cardano Price Nears $0.80 as Crypto Market Surges
7 Articles
7 Articles
Cardano Price Forecast May 22: ADA Rejected at $0.765 as Momentum Weakens
The Cardano price today is hovering near $0.748, dipping mildly after facing resistance above $0.76. Despite a recent rebound from sub-$0.72 levels, momentum appears to be weakening as bulls lose control near short-term trendline resistance. The broader structure continues to favor a sideways grind with intermittent sell pressure from overhead resistance zones. Cardano’s recent rally appears to be stalling near key rejection zones, raising conce…
Cardano (ADA) In Focus: Can It Break This Barrier and Reclaim Momentum? - Coin Surges
Cardano price started a fresh increase above the $0.7250 zone. ADA is now consolidating and facing hurdles near the $0.760 zone. ADA price started a decent increase above $0.7250 and $0.7320. The price is trading above $0.740 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.7580 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it …
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