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

Hyperliquid’s USDH Stablecoin is broadcast live at an early transaction volume of $ 2M or more.

September 24, 2025

The fullback of $ 16 of the chain link (link) can set a parabolic price rally.

September 18, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Are you doing a fair deal?

September 25, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

Hyperliquid’s USDH Stablecoin is broadcast live at an early transaction volume of $ 2M or more.

September 24, 2025

One All-Powerful Asset Across Two Ecosystems

September 24, 2025

BTCC Exchange Partners With NBA All-Star Jaren Jackson Jr. To Inspire Smarter Moves In Sports And Crypto

September 24, 2025

ChainUp Wins Top Crypto Compliance Technology Honor At Thomson Reuters-Presented Awards

September 24, 2025

Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain DeFi Innovation

September 24, 2025

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025

Ether Leeum World Fair Announcement

September 24, 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

Are you doing a fair deal?

September 25, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025
Most Popular

Is Hacksaw getting lazy because of the Wings of Horus slots?

November 9, 2024

GainsPad has finally launched, ushering in a new era in Web3 financing.

May 19, 2024

BNB Incubation Alliance Announces Winners at Brussels Event

July 11, 2024
  • 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.