- The ADA coin price is negative, around -1.0% during intraday.
- The 24-hour trading volume is at $2.048 billion.
- ADA/BTC pair is trading negative by -3.1% at 0.00004131 BTC.
The daily technical chart and price trend of ADA coin show a bullish trend. Based on the pivot point, the first support zone is 1.65 USD. Another way to watch it is that if it rushes, the resistance level to look at is 2.85 USD. Therefore, the chart created a Doji star candlestick pattern during the day, and the cost is confident that it will remain downside with unwavering medium strength.
The Exponential Moving Average (EMA) band, consisting of various EMA’s, strongly supports currency price fluctuations. Investors may find that cost sustains around the green ribbon. This guarantees a rise in ADA until it is above the ribbon.
Trading volume (833.239 K) is below the 20-day moving average (3.837 M). The volume is low, so the cost is sustaining below the pivot point. Investors may also see the volume bar on the chart decreases. This indicates that anomalous instability is common on subsequent trading days.
The Stochastic RSI (Overbought) with a value of K-94 D-90 provides a sell signal in currency. Investors can observe steep index slopes and positive crossover, which can stay in the positive realm for future trading sessions.
Long-Term Perspective of The Price of ADA Coin
The weekly technical chart and price trend of ADA coin show a bullish trend. Based on the pivot levels, the support zone is 1.20 USD. From another perspective, if it rushes upwards, the resistance level to look for is 4.00 USD. Moreover, the graph shows the Heiken Ashi candles, representing a substantial upside potential in the asset’s price action.
So, Cardano is priced at $2.29 today and has a 24-hour trading volume of $2,048,153,066. ADA prices have fallen -1.0% in the last 24 hours. The circulation of ADA coins is 32 billion, and the total amount is 45 billion. The Stochastic RSI points to a buying signal, and the traders have prompted low volume. In fact, the cost is moving below the pivot levels. Similarly, the general outlook for the market is that the pattern will remain bullish over the following trading days.
Resistance Level: $2.85 & $4.0
Support Level: $1.20 & $1.65