![]() This suggests that the average price over the past 200 days is higher than the current price of ADA. On the 4-hour timeframe chart, the 200-day MA of ADA is valued at $0.348. This indicates that the short-term trend of ADA has turned bearish.įurthermore, it is worth noting that the ADA coin price remains below the 200-day MA. The price is approaching a retest of the 50-day Moving Average (MA) from above, which is situated at approximately $0.339. The net price of ADA on the 4-hour timeframe chart is currently exhibiting a downtrend. Consequently, the net ADA price is currently experiencing a downtrend. As a result, sellers took advantage of the situation and initiated short positions on the asset. The price of Cardano’s ADA coin faced resistance just below $0.30 and was unable to surpass this level despite several attempts by buyers. Read more Cardano news Cardano Price Prediction for the Next 6 HoursĬardano Price for the Next few Hours will be in the range of 0.290 and 0.300 Cardano Price Prediction – Technical Analysis, June 23rd These options provide users with the opportunity to buy or sell ADA at a predetermined price in the future. ![]() This new offering allows users to engage in trading options based on the price of ADA. The cryptocurrency derivatives exchange, BIT, has introduced options linked to Cardano’s ADA token. ![]()
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