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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: sneakyboi on October 22, 2020, 05:03:53 AM

Title: Cardano Price Analysis: 21 October
Post by: sneakyboi on October 22, 2020, 05:03:53 AM
Cardano Price Analysis: 21 October


Cardano [ADA]
(https://engamb.sfo2.digitaloceanspaces.com/wp-content/uploads/2020/10/21183521/ADA-5.png)
Source: ADA/USD on TradingView

A pullback from the trendline or $0.1007 level of support could potentially solidify Cardano’s price recovery. The digital asset up by almost a percent since yesterday at press time traded for $0.104.

MACD continued to be in bullish territory, the minor dip recently, could continue if bulls fail to maintain a buying momentum.

The Aroon indicator also continued to depict a sentiment of buying pressure, however, the buy signal wasn’t strong enough. If bulls manage to stay in control, ADA might display a rise above its resistance at $0.104 in the coming days.

Learn more about the analysis here. (https://eng.ambcrypto.com/cardano-zcash-bittorrent-price-analysis-21-october/)
Title: Re: Cardano Price Analysis: 21 October
Post by: aiviaa485 on October 25, 2020, 03:22:59 AM
The analysis for the Cardano coin is difficult to predict, it wants to go down or go up, but still this Cardano coin is on the top 20 Coinmarketcap radar and it is certain that the price won't go down too much.
I think the analysis in the chart above seems only stable and tends not to have significant changes to the pump and dump of the Cardano coin.
Title: Re: Cardano Price Analysis: 21 October
Post by: dekafee79 on October 26, 2020, 02:34:07 AM
Quote from: aiviaa485 on October 25, 2020, 03:22:59 AM
The analysis for the Cardano coin is difficult to predict, it wants to go down or go up, but still this Cardano coin is on the top 20 Coinmarketcap radar and it is certain that the price won't go down too much.
I think the analysis in the chart above seems only stable and tends not to have significant changes to the pump and dump of the Cardano coin.

I have read many prediction about cardano, many people have said this coin good for long term investment. But by seeing the graphics of cardano, I think cardano is good for trading. If we have knowledge about it. I agree , It's difficult to predict cardano, I see this coin is volatile, but We can get profit from price gaps.
Title: Re: Cardano Price Analysis: 21 October
Post by: Oxumare on October 26, 2020, 11:37:53 AM
Catalyst has been released on the Google Play Store. With this application, it will allow you to vote on network related developments on phones. I wonder if this development will increase the price of Cordano ?
Title: Re: Cardano Price Analysis: 21 October
Post by: syedrasool2011 on November 04, 2020, 05:57:35 PM
but to day ada price is much down wait for few days big pump is coming.
Title: Re: Cardano Price Analysis: 21 October
Post by: jonathancool220 on November 19, 2020, 09:09:18 PM
Quote from: dekafee79 on October 26, 2020, 02:34:07 AM
but We can get profit from price gaps.
GAPS?
What does GAPS mean?
Is that a particular trick in trading cryptocurrency on Cardano coins?

I've heard of GAPS but maybe not because the word GAPS seems familiar to those of us who love cryptocurrencies, including Cardano coin trading.