spot_img
7.5 C
London
HomeFintech NewsCARDANO (ADA) Long-term Price Forecast

CARDANO (ADA) Long-term Price Forecast

DA / USD Long-term Trend : Bearish

Supply region: US $ 0.1600, US $ 0.1800, US $ 0.2000

Demand zone: US $ 0,0600, US $ 0,0300, US $ 0,0001

The long-term view of the ADA is a range-dependent market. At the beginning of the last week on September 30, the upward pressure remained at 0.08724 in the supply area. With the downtrend, he dragged his crypto-currency to $ 0.07782 in the demand zone below two EMAs on October 2nd.

A decline in the demand zone was a sign of the trend reversal. When you look at the coin entrance area, $ 0.08561 is left in the supply area.

Price is in 10-EMA in 47% of the stochastic oscillator and its signal is parallel. The implication of these is the equal bull and the momentum of decline, thus changing the crypto currency.

Please enter CoinGecko Free Api Key to get this plugin works.

ADA is trading at $ 0.09188 in the upper supply area and $ 0.07588 in the lower demand region of the range. Failures in a fracture or lower demand zone may occur in the upper supply region, so patience is required before taking a position.

ADA currently has a market value of $ 2.10 billion in addition to its $ 23.87 million trading volume. However, the value of the coin has increased by 2.07% in the last 24 hours. It is traded at a price of $ 0.082993.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
spot_img

latest articles

explore more