NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?

Cardano Price Analysis: ADA/USD Could Resume Losses Below $0.062

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
technical analysis cardano

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Key Highlights

  • ADA price fell sharply and traded below the $0.0700 and $0.065 supports against the US Dollar (tethered).
  • There is a key bearish trend line formed with resistance at $0.0640 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
  • The pair is likely to decline once again if sellers push the price below the $0.0620 support.

Cardano price tumbled recently against the US Dollar and Bitcoin. ADA/USD is currently recovering, but upsides are capped near $0.0640 and $0.0675.

Cardano Price Analysis

In the last analysis, we discussed the chances of more losses below $0.0720 in cardano price against the US Dollar. There was a sharp decline in bitcoin and Ethereum recently, which pushed the ADA/USD pair below $0.0700. The price tumbled and broke many supports like $0.0650 and $0.0620. There was even a break below $0.0600 and the price settled below the 100 hourly simple moving average.

The price traded as low as $0.0580 and later started an upside correction. It moved above the $0.0600 level and the $0.0620 pivot level. There was also a break above the 23.6% Fibonacci retracement level of the recent decline from the $0.0774 high to $0.0580 low. However, the upside move was capped by the $0.0650 resistance. Moreover, there is a key bearish trend line formed with resistance at $0.0640 on the hourly chart of the ADA/USD pair. Above the trend line and $0.0650, the next major resistance is near $0.0675. It represents the 50% Fibonacci retracement level of the recent decline from the $0.0774 high to $0.0580 low.

Cardano Price Analysis ADA Chart

The chart indicates that ADA price recovered nicely from the $0.0580 low. However, the price is currently facing a lot of hurdles near $0.0640 and $0.0650. If buyers fail to push the price above $0.0650 or $0.0675, there could be a fresh decline below $0.0620 and $0.0600.

Hourly MACD – The MACD for ADA/USD is about to move back in the bearish zone.

Hourly RSI – The RSI for ADA/USD is currently just below the 50 level.

Major Support Level – $0.0620

Major Resistance Level – $0.0650

Tweet123Share214ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin news

Bullish Window For Dogecoin Opens in November, Analyst Says

Crypto analyst VisionPulsed argues that Dogecoin is entering a seasonal window of strength in November—conditional on a broader “risk-on” handoff...

Jake Simmons 3 hours ago
hyperliquid hype hypeusd

HYPE Nears All-Time High With HyperEVM Integration, Can Buybacks Sustain the Rally?

Bitget Wallet’s integration with HyperEVM, the Ethereum-compatible smart contract layer powering the Hyperliquid Layer-1 blockchain, has ignited strong momentum across...

James Halver 4 hours ago
Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years

Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years

Ethereum (ETH) is struggling to reclaim higher levels as the broader crypto market consolidates following the recent crash. Despite short-term...

Sebastian Villafuerte 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

ETH, ether, Ethereum

Ethereum (ETH) Prepares For ‘Last Euphoric Run’ As Whales Go On $135M Buying Spree

Rubmar Garcia 1 hour ago
tron-stablecoin-payments-dominance-maxi-doge-2025-100x-meme-coin-tw

TRON稱霸穩定幣支付市場 Maxi Doge崛起為2025最具爆發力百倍迷因幣

Kelvin Lee 2 hours ago
solana-etf-launches-sol-price-targets-250-fuels-onchain-100x-altcoin-rush-tw

Solana ETF上市SOL價格預測挑戰250美元 推動資金下注鏈上百倍幣熱潮 

Mark Mak 3 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後 の見通し:強気相場が続く中、新興ミームプロジェクトのプレセールが急上昇

    ドージコイン 今後...

    13 hours ago
  • リップル 今後:FOMC利下げを前に注目される主要アルトコインと新興トークンの動き

    リップル...

    13 hours ago
  • FOMC前に急上昇する市場で注目の仮想通貨プレセール銘柄

    ...

    14 hours ago
  • 仮想通貨おすすめ:ディープシークAIが示すビットコイン19万ドル予測と注目トークン

    ...

    14 hours ago
  • ChatGPTが推奨する新しい仮想通貨:今後926%上昇が見込まれる注目銘柄

    ...

    14 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.