• The bullish pressure remains strong in the long-term.
  • Traders may look to buy at key areas with bullish candlestick pattern as confirmation.

ADA/USD Long-term Trend –Bullish

Supply zone: $0.1200, $0.1400, $0.1600
Demand zone: $0.0500, $0.03000, $0.01000

ADA remain in the bullish trend in its long-term outlook. $0.09466 in the supply area was the high the bulls went on 10th April before exhaustion sets in and the bears pushed price down to $0.07592 in the demand area on 11 April below the 10-EMA.

This is creating a bullish flag or a descending channel that favour price breakout from the upper line of the channel. The flag is necessary for a market correction and to confirm the upward continuation.

The bulls were back after the drop on 11th April as indicated with the formation of a bullish doji at the end of yesterday session.

The journey to the upper line of the channel has begun and a subsequent breakout expected at the upper line in the days ahead.

Price is above the 50-EMA while the stochastic oscillator signal points down at 51% an indication of a minor pullback before upward price movement in the long-term.

Live Cardano (ADA) Price:

1 ADA/USD =$0.0790 change ~ -3.71%

Coin Market Cap

$2.05 Billion

24 Hour Volume

$65.54 Million

24 Hour VWAP


24 Hour Change



The views and opinion as expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.



Cryptocurrency Prices: Live Real-Time Coin Market Cap Values

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.


Please enter your comment!
Please enter your name here

2 × 1 =