Cardano Price Prediction : The cryptocurrency broker eToro says it will delist cardano and tron for US customers by the end of the year due to regulatory concerns

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Cardano Price Prediction : The cryptocurrency broker eToro says it will delist cardano and tron for US customers by the end of the year due to regulatory concerns

  • Cardano price prediction to consolidate between 1.8331- 1.9143$ range
  • ADA line of control lies below 1.8331$ zone, looking bearish for many investors
  • The cryptocurrency broker eToro says it will delist cardano and tron for US customers by the end of the year due to regulatory concerns

In a surprise announcement, eToro has announced it will delist cardano’s ada token and the TRON Foundation’s tron token for US customers beginning December 26.

According to an eToro spokesperson, “the crypto regulatory landscape is changing rapidly.” eToro users will therefore be restricted from opening new positions in, or earning stake rewards from, ADA and TRX moving forward.

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Lets dip dive into technical analysis of ADA

Technical Analysis of ADA: Bullish sentiment in 4hour ADA/USDT Binance pair (platform using Tradingview.com)

According to Oscillators

ADA has a bearish sentiment when examined in 4hour chart [Pair ADA/USDT Binance] and moving average gives indicator about strong sell.

Technical Analysis : Cardano Price Forecast using 4EMAs (10,20,50,200) and RSI (Relative Strength index)

Resistance and Support Levels for Day Trading ADA USDT [ADA Price Forecast]

Calculation For Trading:

Resistance Level (R3): 1.9330

Resistance Level (R2): 1.9143

Resistance Level (R1): 1.8331

Support Level (S1): 1.6300

Support Level (S2): 1.5942

Support Level (S3): 1.5684

Cardano (ADA/USD) Price Prediction : FAQ

What will be the lowest price of Cardano (ADA) in future?Upto $7.01 USD
What will be the highest price of Cardano (ADA) in future?Upto $8.66 USD
Will Cardano (ADA) price increase in future?Yes, Cardano (ADA) price will increase according to our predicted data in future.
Investment in Cardano (ADA) is profitable or loss-making?Yes, Cardano (ADA) is profitable investment based on our forecasting.
Whether the price of Cardano (ADA) will be downward in future?No, Cardano (ADA) price will not be downward based on our estimated prediction.
In 1 year from now what will 1 Cardano be worth?The price of 1 Cardano (ADA) can roughly be upto $3.44 USD in 1 years time a 2X nearly from the current Cardano price.
Where do I buy Cardano?There are many places to buy and exchange Cardano we list them all here.
What will the Cardano Price be tomorrow?Our algorithm predicts that the Cardano Price can be upto $1.63 USD by tomorrow.
What will be the price of Cardano (ADA) after 1 year?Upto $3.44 USD
What will be the price of Cardano (ADA) after 2 years?Upto $3.13 USD
What will be the price of Cardano (ADA) after 3 years?Upto $3.88 USD
What will be the price of Cardano (ADA) after 4 years?Upto $4.48 USD
What will be the price of Cardano (ADA) after 5 years?Upto $5.86 USD
What will be the price of Cardano (ADA) after 6 years?Upto $6.79 USD
What will be the price of Cardano (ADA) after 7 years?Upto $7.4 USD

Cardano was launched in 2017, following Bitcoin and Ethereum, which were first- and second-generation blockchains, respectively. Cardano competes directly with Ethereum, saying that its decentralized application platform is more secure than Ethereum.

Currently, Cardano (ADA) price is $ 1.7356 with a market capitalization of $ 57,791,933,462.

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