Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»CADANO’s ADA is ready to pop out of the $ 0.58 support area.
EXCHANGE NEWS

CADANO’s ADA is ready to pop out of the $ 0.58 support area.

By Crypto FlexsMarch 2, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CADANO’s ADA is ready to pop out of the $ 0.58 support area.
Share
Facebook Twitter LinkedIn Pinterest Email

Cardano’s ADA TOKEN has fallen from $ 0.789 to $ 0.581, experiencing a six -day price drop. This decline suffered more than 26% of the sales pressure last week. However, Cryptocurrency discovered stability at $ 0.58, which has been a major support in recent price measures. The price behavior of the ADA in the press time indicates the formation of a triangular triangle pattern.

This pattern is low at $ 0.58 and is characterized by a rejection of $ 0.823 at 0.382 Fibonacci Retression level. Ascending triangles suggest that Cardano tokens were integrated within a harder range and ripened for brake out. Meanwhile, the support of $ 0.58 has already maintained the price of tokens, which is important for the next movement of cryptocurrency.

Cardano indicators match the $ 0.58 support area.

Murrey Math Lines indicators are on the ‘powerful pivot, reverse’ area of ​​$ 0.586, which is an area that the ADA suggests a change in propulsion power. This zone acts as a pivotal point where the price of tokens often integrates or reverses the direction. In fact, the price was pushed to $ 0.632 by providing a strong foundation for ADA cryptocurrency.

Source: TradingView

Meanwhile, the relative strength index (RSI) reads 30.90, which signals the overflower. Historical data shows the price reversal of similar RSI positions, and suggests that there is a possibility of repetition of the past patterns, strengthening the case as possible.

You can see the main level of ADA

In an optimistic scenario, the ADA can challenge the intermediate resistance to $ 0.704 at the 0.236 Fibonacci reversal level, and perhaps the 0.382 fibonacci level can reach $ 0.823. Beyond this resistance, you can check the optimistic anti -war strength, leading the price of the cryptocurrency to $ 0.920 and matching the 0.50 return level and pushing more than the last $ 1.00 critical value on January 26.

From a weak point of view, if you do not raise the level of support of $ 0.58, rest under the low triangle of triangle can occur, and the weak momentum for sending signals is sustained. This allows ADA to return to $ 0.512 lasted on February 3rd. If the price reaches the bear’s goal and marks green, investors can use the price accumulation and enter the advantage, so you can offer the ideal opportunity in a long location.

ADA liquidation map signal weakness pressure

Meanwhile, the current ADA Exchange liquidation map suggests that the weakness is dominant in the market. According to CoingLass Warm chainThe cumulative $ 22.9 million long liquidation leverage at a market price of $ 0.564 represents a significant vulnerability in a long location. If the price continues to fall, these long liquids can accelerate the downward exercise.

Source: COINGLASSSource: COINGLASS

The $ 15.5 million cumulative short liquidation at a price of $ 0.702 suggests that a short position is still under pressure, but this is much higher than the current price level. This difference indicates that short liquids are unlikely to induce immediate price behavior. That means that the bear is still controlled.

Also read: XRP is close to $ 2. Will Bears dominate the trend of $ 1.56?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Pudgy Penguins

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025

Bybit Card Launches In Europe With Unmatched 20% Cashback

September 3, 2025

GiftlyCard.com Recognized As Verified And Secure By Independent Review Sites

September 3, 2025

Embodying “Simple Mining, Smart Gains” For Effortless Crypto Accumulation

September 3, 2025

TOKEN2049 Singapore stops all records with the world’s largest Web3 event with 25,000 attendees in unprecedented demand.

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025
Most Popular

Worldcoin open source security system that keeps user data safe

May 17, 2024

Mastercard Expands Blockchain Accelerator Program with Five New Startups

May 15, 2024

Could The Graph (GRT) see a 15% rally soon? probability assessment

January 27, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.