Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
CryptoTrennd
Bullish
--・7.5k views
Cardano price analysis Cardano ADA tickers down $0.374 has been in a strong uptrend for the past few days. The price reached $0.38 on Nov. 6, where the bulls are likely to face solid resistance from the bears. ADA/USDT daily chart. Source: TradingView The price pulled back on Nov. 7, but a minor positive is that the bulls purchased at lower levels, as seen from the long tail on the candlestick. Buying indicates that the bulls expect the overhead resistance to be scaled. If buyers drive and sustain the price above $0.38, the ADA/USDT pair could start the next leg of the uptrend to $0.42 and subsequently to $0.46. This positive view will be invalidated in the near term if the price breaks below $0.33. #BullRun #Ledger #BTC #MagicEden #XMR $BTC $ETH $XRP

Cardano price analysis

Cardano

ADA

tickers down

$0.374

has been in a strong uptrend for the past few days. The price reached $0.38 on Nov. 6, where the bulls are likely to face solid resistance from the bears.

ADA/USDT daily chart. Source: TradingView

The price pulled back on Nov. 7, but a minor positive is that the bulls purchased at lower levels, as seen from the long tail on the candlestick. Buying indicates that the bulls expect the overhead resistance to be scaled.

If buyers drive and sustain the price above $0.38, the ADA/USDT pair could start the next leg of the uptrend to $0.42 and subsequently to $0.46. This positive view will be invalidated in the near term if the price breaks below $0.33.

#BullRun #Ledger #BTC #MagicEden #XMR $BTC $ETH $XRP

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Relevant Creator
LIVE
CryptoTrennd
@CryptoTrennd

Explore More From Creator

Polygon price analysis Polygon MATIC tickers down $0.8096 pierced the overhead resistance at $0.70 on Nov. 6, indicating that the bulls are in the driver’s seat. MATIC/USDT daily chart. Source: TradingView The bears tried to pull the price back below the breakout level of $0.70 on Nov. 7, but the bulls held their ground. This suggests that the bulls have flipped the level into support. That started the next leg of the uptrend toward $0.80. This level may act as a minor hurdle, but if crossed, the MATIC/USDT pair could reach $0.90. The rally of the past few days has pushed the RSI into the overbought territory, cautioning of a possible consolidation or correction in the near term. The pair may then drop to the 20-day EMA ($0.66). #BullRun #Ledger #BTC #MagicEden #XMR $BTC $ETH $XRP
--
Chainlink price analysis Chainlink LINK tickers down $14.63 has been in an uptrend for the past few days. After a brief consolidation, the bulls asserted their supremacy and resumed the up-move on Nov. 5. LINK/USDT daily chart. Source: TradingView The rally has reached the resistance at $13.50, which may act as a temporary roadblock. If buyers bulldoze their way through, the LINK/USDT pair may jump to $15 and thereafter to $18. The bears are expected to fiercely defend this level. The vital support to watch on the downside is the 20-day EMA ($11.18). A break and close below this support will indicate that the bullish momentum may be reducing. #BullRun #Ledger #BTC #MagicEden #XMR $BTC $ETH $XRP
--
Toncoin price analysis Toncoin (TON) surged above the overhead resistance of $2.59 on Nov. 8, indicating that bulls are in control. TON/USDT daily chart. Source: TradingView The price action of the past few months resulted in a cup and handle formation, which completed on a break and close above $2.59. This bullish setup has a target objective of $4.03. However, the bears are unlikely to give up easily. They will try to tug and sustain the price below the breakout level of $2.59. If they manage to do that quickly, it may trap several aggressive bulls who could rush to the exit. The TON/USDT pair could then start a sharp correction to $2.31. #BullRun #Ledger #BTC #MagicEden #XMR $BTC $ETH $XRP
--
Dogecoin price analysis Buyers are trying to shove Dogecoin DOGE tickers down $0.08 above $0.08. The previous attempt in July had fizzled out at this level; hence, the bears will again try to guard $0.08 with vigor. DOGE/USDT daily chart. Source: TradingView The upsloping 20-day EMA ($0.07) and the RSI in the positive territory indicate that bulls have the edge. If buyers do not give up much ground from $0.08, it will increase the likelihood of a break above it. The DOGE/USDT pair could then surge toward the psychologically crucial level of $0.10. If bears want to prevent the up-move, they will have to swiftly yank the price back below the 20-day EMA. That could signal a range-bound action between $0.06 and $0.08 for some time. #BullRun #Ledger #BTC #MagicEden #XMR $BTC $ETH $XRP
--
Solana price analysis Solana SOL tickers down $47 has been consolidating in an uptrend. The price is stuck between the overhead resistance at $48 and the support at $38. SOL/USDT daily chart. Source: TradingView Both moving averages are sloping up, and the RSI is in the overbought zone, indicating that the bulls have the upper hand. The price could climb to $48, which may witness a tough battle between the bulls and the bears. If bulls overcome this obstacle, the SOL/USDT pair could jump to $60. If bears want to make a comeback, they will have to sink and sustain the price below the 20-day EMA ($36.30). That could start a deeper correction to the 50-day SMA ($27.35). #BullRun #Ledger #BTC #MagicEden #XMR $BTC $ETH $XRP
--

Latest News

TONX Co-Founder Announces Launch of Ecosystem Membership Card 'TONX ID'
--
TONX Co-Founder Announces $5 Million Ecological Fund
--
Circle Issues 55 Million USDC On Ethereum Network
--
Singapore Authorities Grant License to Cryptocurrency Market Maker GSR Markets
--
RGB++ Protocol Development Toolkit and Wallet Officially Launched
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie