Fa'atauina Omiga I Key Fibonacci Lagolago Uunaia Cardano mo le 15% Fesoasoani Fa'atasi

ADA Price Prediction: The Cardano coin price has witnessed a directional downfall for the last three weeks and plummeted to a low Fivaonacci retracement support level of 0.618. From the last swing high of $0.42, the prices tumbled 27.5% and currently trade at the $0.306 mark. However, the bearish cloud continues to hover above the crypto market and could plunge the ADA price to lower levels.

Manatu Taua: 

• The lower price rejection candle at $0.3 support indicates the ADA price witnessed a temporary relief rally.
• A bearish crossover between the 50-and-100-day EMA will accelerate the selling pressure in the market.
• The intraday trading volume in the ADA coin is $436.5 Million, indicating a 27% loss-*.

Punavai- Fefaʻatauaʻiga

A V-top reversal in Cardano coin price is gradually evaporating all the gains the coin holders experienced during the January months. Over the last few weeks, the crypto market witnessed some aggressive sell-off which could be associated with the crisis of crypto-friendly banks like Silvergate and faletupe vanu silikoni ma talu ai nei le depegging of stablecoins like USDC, DAI, USDD.

By the press time, the ADA price trades at $0.306 with an intraday loss of 3%. In the last two days, the coin price has shown long-lower price rejection candles at combined support of 0.618 FIB and $0.3, indicating the buyers are accumulating at this support

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If the coin price managed to sustain above this aforementioned support, the buyers could initiate a bullish reversal to challenge the flipped resistance of $0.327 and $0.357.

On a contrary note, a daily candle closing below $0.3 will tumble the prices to the $0.27 mark.

Faʻamatalaga Faʻamatalaga. 

Faasino Upu aiga Malosi: o le aso RSI malifa wavering at the neckline of the oversold region indicates the sellers have overextended the selling pressure and the price may witness a temporary bullish pullback.

EMA's: the Cardano coin price moving below the crucial Ema(20, 50, 100, and 200) restores a bear sentiment among market participants.

Cardano Coin Price Intraday Levels

• Tau avanoa: $ 0.3
• Tulaga: Bearish
• Volatility: Feololo
• Tulaga tetee- $0.327 ma le $0.357
• Laasaga lagolago- $0.3 ma le $0.27