Cardano (ADA) Price Analysis for December 31 - BitcoinEthereumNews.com
The majority of the coins from the top 10 list have a chance to close in the red zone on the last day of 2022.ADA/USDCardano (ADA) has gained the most value today, rising by 2.11% over the last 24 hours.On...

The majority of the coins from the top 10 list have a chance to close in the red zone on the last day of 2022.
ADA/USD
Cardano (ADA) has gained the most value today, rising by 2.11% over the last 24 hours.
On the hourly chart, the price of Cardano (ADA) has broken the resistance at $0.2459 against the increased buying volume, which means that bulls want to seize the initiative.
Currently, one should pay attention to the $0.25 mark. If the bar closes near it, the growth could continue to the $0.2530 zone.
On the bigger chart, Cardano (ADA) is trying to break the resistance at $0.2478, which serves as the mirror level. If the candle closes above that mark with no long wicks, the bullish move could continue to the $0.2520-$0.2540 zone soon.
On the weekly chart, traders should focus on the previous candle low at $0.2465. If the bar closes above it, one could see an ongoing correction to the nearest resistance zone at $0.2550. Such a scenario is relevant until mid-January.
ADA is trading at $0.2485 at press time.
Source: https://u.today/cardano-ada-price-analysis-for-december-31
Post navigation
Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.
If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us