ADA price started a strong upward move from the $0.0400 support area against the US Dollar.
The price rallied and broke the $0.0480 and $0.0500 resistance levels.
There is a crucial ascending channel formed with support at $0.0502 on the 4-hours chart (data feed via Kraken).
The price remains in a strong uptrend and it is likely to extend gains above $0.0520 and $0.0550.
Cardano (ADA) Price Could Rally If It Breaks $0.0850
Wednesday April 17, 2019
ADA price corrected lower recently below the $0.0900 and $0.0850 supports against the US Dollar. The price traded close to the $0.0760 level and recently corrected above $0.0800. There is a significant bearish trend line in place with resistance at $0.0840 on the 4-hours chart (data feed via Kraken). The price must break the $0.0840 […]
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Cardano price extended gains and traded to new monthly highs against the US Dollar and bitcoin. ADA is trading above the $0.0500 support and it could continue higher towards $0.0550 or $0.0600.
Cardano Price Analysis
After forming a solid support near $0.0400, cardano price started a steady uptrend against the US Dollar. The ADA/USD pair broke many barriers on the way up, including $0.0420 and $0.0440. Later, there was a close above the $0.0450 resistance and the 55 simple moving average (4-hours). It opened the doors for more gains and the price rallied above the $0.0480 and $0.0500 resistance levels. The price traded to a new monthly high at $0.0532 and finally started a downside correction.
It recently traded below the $0.0520 support and the 23.6% Fibonacci retracement level of the last wave from the $0.0489 low to $0.0532 high. However, there are many supports on the downside near the $0.0510 level and $0.0500 levels. The price is currently holding the 50% Fibonacci retracement level of the last wave from the $0.0489 low to $0.0532 high. More importantly, there is a crucial ascending channel formed with support at $0.0502 on the 4-hours chart.
The channel support also coincides with the 61.8% Fibonacci retracement level of the last wave from the $0.0489 low to $0.0532 high. Therefore, as long as the price is above $0.0500, it is likely to bounce back. An initial resistance is at $0.0530, above which the price could climb towards the $0.0550 level. On the flip side, if there is a downside break below $0.0500, the price may start an extended downside correction. The next key supports are $0.0490 and $0.0480, where buyers may emerge.
GameOn Launches Sports Betting Alternative for Casual Fans
Tuesday November 06, 2018
Free sports gaming app GameOn recently launched in the U.S. to target casual fans by offering free-to-play games that are legal in all 50 states, but which still offer cash prizes. GameOn functions like a betting platform, only without a monetary stake from the user. Players are prompted to answer a few questions to predict
The post GameOn Launches Sports Betting Alternative for Casual Fans appeared first on W88.
The chart indicates that ADA price is placed nicely in a strong uptrend above the $0.0500 support level. In the near term, the price is likely to accelerate above $0.0530 and it could trade towards the $0.0550 level. If buyers remain in action, the price may perhaps test $0.0600. On the downside, there are many supports such as $0.0500, $0.0490 and $0.0480.
4 hours MACD – The MACD for ADA/USD is gaining momentum in the bullish zone.
4 hours RSI – The RSI for ADA/USD is currently well above the 50 level, with a positive bias.
Key Support Levels – $0.0500 and $0.0480.
Key Resistance Levels – $0.0530 and $0.0550.
The post Cardano (ADA) Price In Strong Uptrend, $0.060 Seems Likely appeared first on Live Bitcoin News.
Mick Mulvaney’s Politics: Is He Liberal or Conservative?
Friday December 14, 2018
Mick Mulvaney has been tapped to be acting Chief of Staff for Trump, per a tweet by the President on Friday evening. Mulvaney is a staunch conservative from South Carolina. Prior to this position, Mulvaney was leading the Office of Management and Budget since 2017. According to Fox News, Mulvaney is considered a “hardline convservative […]
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