Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Wait Bitcoin’s new meeting? 3 unraveling keys signals

2025-05-17

Pi’s 4-week rally threatened what will decide if $ 0.30 is the next one

2025-05-17

Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

2025-05-17
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17

    Top 5 block chains due to 7-day growth in active addresses and transactions

    2025-05-17

    SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

    2025-05-17

    Rideshare Company Lyft taps bee cards for decentralized mapping data

    2025-05-17

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-17
  • NFT

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14

    The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Billionaire Warren Buffett dumps $ 3,230,000,000 from Berkshire’s exposure to Citigroup, Bank of America and Capital One after leaving Wells Fargo, JPMorgan Chase

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»ADA Price Dips Worth Buying? What Key Market Indicators Suggest
Analysis

ADA Price Dips Worth Buying? What Key Market Indicators Suggest

2023-08-25No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Cardano’s price started a fresh decline below $0.280. ADA is struggling and key indicators suggest high chances of more downsides below $0.252.

  • ADA price is gaining bearish momentum below the $0.285 level against the US dollar.
  • The price is trading above $0.280 and the 100 simple moving average (4 hours).
  • There is a major bearish trend line forming with resistance near $0.274 on the 4-hour chart of the ADA/USD pair (data source from Kraken).
  • The pair could start a recovery wave if there is a close above the $0.280 resistance.

Cardano’s ADA Price Faces Uphill Task

In the past few days, Cardano’s price saw a fresh decline from well above $0.288. The price traded below the $0.285 and $0.280 support levels to move into a bearish zone, similar to Bitcoin and Ethereum.

The price even declined below $0.265 and tested the $0.245 support. A low is formed near $0.2455 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $0.3018 swing high to the $0.2455 low.

However, the bears are active near the $0.270 zone. ADA price is now trading below $0.280 and the 100 simple moving average (4 hours). There is also a major bearish trend line forming with resistance near $0.274 on the 4-hour chart of the ADA/USD pair.

On the upside, immediate resistance is near the $0.270 zone. The first major resistance is forming near the $0.274 zone and the trend line. It is close to the 50% Fib retracement level of the downward move from the $0.3018 swing high to the $0.2455 low.

See also  Polygon (MATIC) Price Shows Strength, Are Bulls Up To Something?

ADA Price

Source: ADAUSD on TradingView.com

The next key resistance might be $0.280. If there is a close above the $0.280 resistance, the price could start a decent increase. In the stated case, the price could rise toward the $0.300 resistance zone.

More Losses?

If Cardano’s price fails to climb above the $0.274 resistance level, it could start another decline. Immediate support on the downside is near the $0.252 level.

The next major support is near the $0.2455 level. A downside break below the $0.2455 level could open the doors for a sharp fresh decline toward $0.220. The next major support is near the $0.200 level.

Technical Indicators

4 hours MACD – The MACD for ADA/USD is gaining momentum in the bearish zone.

4 hours RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level.

Major Support Levels – $0.252, $0.2455, and $0.220.

Major Resistance Levels – $0.270, $0.274, and $0.280.

Source link

ADA buying Dips Indicators Key market Price Suggest worth
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Options Market also signals upwards potential for BTC price: New ATH soon?

2025-05-17

Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

2025-05-17

Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

2025-05-17

$ 40 billion in XRP on the road – where are they going?

2025-05-17
Add A Comment

Comments are closed.

Top Posts

‘Less Greedy, More Longer Term’ – Here’s the Key to a $9 Trillion Crypto Market Cap

2024-01-29

Web3 Scams and Threats: Web3 Security Trends to Watch Out for

2023-05-19

Boba Guys & Hang Launch Web3 Loyalty Program Built on Solana

2023-11-05
Editors Picks

Social Media App MeWe brings Frequency Blockchain’s self-sovereign identity to its 20 million users

2023-04-28

Hedera transaction volume increases ten times in Q4 2024: what’s driving this?

2025-01-26

Web3 Redefines Global Fashion This Year!

2023-08-23

Has Bitcoin [BTC] bottomed out in oversold territory?

2023-08-22
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Wait Bitcoin’s new meeting? 3 unraveling keys signals

Pi’s 4-week rally threatened what will decide if $ 0.30 is the next one

Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,203.60-0.21%
  • ethereumEthereum(ETH)$2,476.56-1.34%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.36-0.62%
  • binancecoinBNB(BNB)$639.86-0.77%
  • solanaSolana(SOL)$166.20-0.80%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.215056-2.40%
  • cardanoCardano(ADA)$0.74-2.19%
  • tronTRON(TRX)$0.269439-0.82%
  • suiSui(SUI)$3.800.36%
  • chainlinkChainlink(LINK)$15.31-2.27%
  • avalanche-2Avalanche(AVAX)$22.15-3.52%
  • stellarStellar(XLM)$0.286403-2.00%
  • hyperliquidHyperliquid(HYPE)$26.04-2.20%
  • shiba-inuShiba Inu(SHIB)$0.000014-2.64%
  • unus-sed-leoUNUS SED LEO(LEO)$8.940.89%
  • hedera-hashgraphHedera(HBAR)$0.191015-1.83%
  • bitcoin-cashBitcoin Cash(BCH)$391.75-0.90%
  • the-open-networkToncoin(TON)$3.08-0.36%
  • litecoinLitecoin(LTC)$96.49-3.45%
  • polkadotPolkadot(DOT)$4.60-2.94%
  • moneroMonero(XMR)$335.790.09%
  • bitget-tokenBitget Token(BGB)$4.96-0.88%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-3.65%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • piPi(PI)$0.69-6.41%
  • bittensorBittensor(TAO)$422.04-0.61%
  • uniswapUniswap(UNI)$5.71-5.22%
  • aaveAave(AAVE)$221.64-3.37%
  • nearNEAR Protocol(NEAR)$2.68-3.42%
  • aptosAptos(APT)$5.06-3.56%
  • okbOKB(OKB)$53.22-0.52%
  • ondo-financeOndo(ONDO)$0.92-1.62%
  • kaspaKaspa(KAS)$0.108785-7.66%
  • ethereum-classicEthereum Classic(ETC)$18.08-3.02%
  • internet-computerInternet Computer(ICP)$5.14-1.97%
  • gatechain-tokenGateToken(GT)$21.55-0.84%
  • crypto-com-chainCronos(CRO)$0.097565-1.69%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.670.83%
  • mantleMantle(MNT)$0.73-1.86%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231486-2.22%
  • vechainVeChain(VET)$0.027672-2.64%
  • render-tokenRender(RENDER)$4.530.08%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • ethenaEthena(ENA)$0.347966-8.06%
  • filecoinFilecoin(FIL)$2.78-3.06%
  • algorandAlgorand(ALGO)$0.214902-3.09%
  • cosmosCosmos(ATOM)$4.71-1.67%
  • bitcoinBitcoin(BTC)$103,203.60-0.21%
  • ethereumEthereum(ETH)$2,476.56-1.34%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.36-0.62%
  • binancecoinBNB(BNB)$639.86-0.77%
  • solanaSolana(SOL)$166.20-0.80%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.215056-2.40%
  • cardanoCardano(ADA)$0.74-2.19%
  • tronTRON(TRX)$0.269439-0.82%
  • suiSui(SUI)$3.800.36%
  • chainlinkChainlink(LINK)$15.31-2.27%
  • avalanche-2Avalanche(AVAX)$22.15-3.52%
  • stellarStellar(XLM)$0.286403-2.00%
  • hyperliquidHyperliquid(HYPE)$26.04-2.20%
  • shiba-inuShiba Inu(SHIB)$0.000014-2.64%
  • unus-sed-leoUNUS SED LEO(LEO)$8.940.89%
  • hedera-hashgraphHedera(HBAR)$0.191015-1.83%
  • bitcoin-cashBitcoin Cash(BCH)$391.75-0.90%
  • the-open-networkToncoin(TON)$3.08-0.36%
  • litecoinLitecoin(LTC)$96.49-3.45%
  • polkadotPolkadot(DOT)$4.60-2.94%
  • moneroMonero(XMR)$335.790.09%
  • bitget-tokenBitget Token(BGB)$4.96-0.88%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-3.65%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • piPi(PI)$0.69-6.41%
  • bittensorBittensor(TAO)$422.04-0.61%
  • uniswapUniswap(UNI)$5.71-5.22%
  • aaveAave(AAVE)$221.64-3.37%
  • nearNEAR Protocol(NEAR)$2.68-3.42%
  • aptosAptos(APT)$5.06-3.56%
  • okbOKB(OKB)$53.22-0.52%
  • ondo-financeOndo(ONDO)$0.92-1.62%
  • kaspaKaspa(KAS)$0.108785-7.66%
  • ethereum-classicEthereum Classic(ETC)$18.08-3.02%
  • internet-computerInternet Computer(ICP)$5.14-1.97%
  • gatechain-tokenGateToken(GT)$21.55-0.84%
  • crypto-com-chainCronos(CRO)$0.097565-1.69%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.670.83%
  • mantleMantle(MNT)$0.73-1.86%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231486-2.22%
  • vechainVeChain(VET)$0.027672-2.64%
  • render-tokenRender(RENDER)$4.530.08%
  • usd1World Liberty Financial USD(USD1)$1.000.03%
  • ethenaEthena(ENA)$0.347966-8.06%
  • filecoinFilecoin(FIL)$2.78-3.06%
  • algorandAlgorand(ALGO)$0.214902-3.09%
  • cosmosCosmos(ATOM)$4.71-1.67%