ADA Fiyatı 0.75$'a Yakın Birikiyor; %33 Ufukta Yükseliyor mu?

ADA fiyatı remains range-bound with no meaningful action on Weekends. The coin tested near $0.75 multiple times since the beginning of the week. In between, the buyers lookup for some gains on Wednesday, but wiped all the very next day as $0.90 remains a challenge.

• ADA price stabilizes near vital support areas with a hint towards accumulation.
• The price is expected to glide inside the short-term range of $0.75 and $1.0.
• A double-bottom structure would lend support to the coin on a higher probability.

ADA price challenges support zone

On the daily chart, the ADA price remains pressured below the descending trend line from the highs of $1.24 made on April 4. Since then, the price depreciated nearly 40% to the swing lows of $0.75. The falling volume profile with the slide in price relative to the spike near the support level suggests the sellers could not see more downside from here on at least a bounce is what they looking for. In addition to that, the asset is running under the classic falling wedge pattern, which might lead to upside momentum.

A fresh buying momentum would unleash the 50-day ema (Exponential Moving Average) at $0.93 followed by the psychological $1.0 level.

The relative strength index (RSI) stays above the average line even though the price experienced a decline since May 3. Any upside momentum would advocates for a higher price. Currently, it reads at $40.

The volume oscillator is trading at a 24.92 level, which instructs that the short-term volume trend is higher than the long-term volume trend.

On invalidation of the bullish hypothesis, the price would slice the mentioned support zone with above-average volume. In that case, a new record low would be set for ADA.

As of press time, ADA/USD trades at $0.77, down 0.70% for the day. The eighth-largest cryptocurrency by the market cap holds the 24-hour trading volume at $1,169,551,055, according to Coinmarketcap.

Rekha, Forex piyasası analisti olarak başladı. Temel haberleri ve piyasa hareketi üzerindeki etkisini analiz etmek. Daha sonra, büyüleyici kripto para birimi dünyasına bir ilgi geliştirin. Teknik yönleri kullanarak piyasayı takip etmek. Pazarı takip etmek için zincirleme analizleri keşfetmek.

Sunulan içerik yazarın kişisel görüşünü içerebilir ve piyasa koşullarına tabidir. Kripto para birimlerine yatırım yapmadan önce pazar araştırmanızı yapın. Yazar veya yayın, kişisel mali kaybınızdan sorumlu değildir.