logo |


    Your location: Home >  Forum  >  Market analysis  >  Content details
    Philippines 2021-03-17 06:24:12
    Market analysis Cardano Price Prediction

    Related product:Forex,Stock
    Market analysis:Cardano Price Prediction: ADA prepares for a 20% lift off.
    Cardano price shows an increase in bullish momentum as it bounced off the $0.98 level.
    Transactional data suggests that a decisive close above $1.29 could propel ADA by 15% to $1.48.
    However, a breakdown of $1.17 could see a 5% retracement to $1.11.
    Cardano price shows a bullish bias as buyers rescued the altcoin after testing a crucial support level.

    Cardano price aims a higher high
    Cardano price has seen a massive surge in buyers leading to a 20% increase in a single 12-hour candlestick. Now, ADA is hovering below a critical supply barrier at $1.29, which coincides with the 38.2% Fibonacci retracement level.

    A decisive 12-hour candlestick close above $1.29 will set up the stage for bulls to propel Cardano price higher. In such a case, a 15% upswing to the 61.8% Fibonacci retracement level at $1.48 is the most likely outcome.

    Write your question...
    Please sign in first Sign up/in to comment

    There is no comment yet. Make the first one.


    Successfully published

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.