• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Cryptocurrency investment

    Cryptocurrency investment in Australia is high, survey

    Bitcoin security

    Bitcoin Security: MIT’s long term project backed by crypto authorities

    Litecoin price

    Litecoin price prediction: LTC to fall to $150 support level

    Elon Musk

    Elon Musk under investigation for Dogecoin tweet

    Cardano price

    Cardano price prediction: ADA to challenge $1.20 resistance again

    Coinbase

    Coinbase pre-IPO shares appreciate following S-1 filing with the SEC

    Ethereum price

    Ethereum price recovers to $1,650, what next for ETH?

    US exchange, Coinbase files with SEC to go public through direct listing

    US exchange, Coinbase files with SEC to go public through direct listing

    How ethbox Could be the Ultimate Way to Send Cryptocurrency Privately 1

    How ethbox Could be the Ultimate Way to Send Cryptocurrency Privately

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Cryptocurrency investment

    Cryptocurrency investment in Australia is high, survey

    Bitcoin security

    Bitcoin Security: MIT’s long term project backed by crypto authorities

    Litecoin price

    Litecoin price prediction: LTC to fall to $150 support level

    Elon Musk

    Elon Musk under investigation for Dogecoin tweet

    Cardano price

    Cardano price prediction: ADA to challenge $1.20 resistance again

    Coinbase

    Coinbase pre-IPO shares appreciate following S-1 filing with the SEC

    Ethereum price

    Ethereum price recovers to $1,650, what next for ETH?

    US exchange, Coinbase files with SEC to go public through direct listing

    US exchange, Coinbase files with SEC to go public through direct listing

    How ethbox Could be the Ultimate Way to Send Cryptocurrency Privately 2

    How ethbox Could be the Ultimate Way to Send Cryptocurrency Privately

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Cardano News

Cardano price prediction: ADA to move short towards $0.10

Taha Farooqui by Taha Farooqui
November 21, 2020
in Cardano News
4 min read
Cardano price prediction: ADA to move short towards $0.10
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • ADA price fell towards $0.103
  • Cardano price expected to move to $0.100
  • Bulls expected to follow and lead altcoin to $0.1150

The Cardano price prediction by Khiwe shows that the cryptocurrency will move short next and fall towards the $0.1008 level. This fall is expected to be followed by a bullish turn that will lead the cryptocurrency across the $0.1150 level.

1-Day Cardano price analysis

Cardano price chart 1 - 18 November
Cardano price prediction chart by Trading View

The cryptocurrency observed an abrupt fall during the first quarter of the 18th of November. The cryptocurrency fell to a day’s low of $0.1025, after which it saw sideways movements until the time of writing. As these lines are being written, the altcoin trades at $0.1071 US Dollars on Bitfinex. The cryptocurrency traded at a day’s high of $0.1117.

Inverse head and shoulders for Cardano?

Looking at the chart below, we can see that the analyst believes that an inverse head and shoulders pattern is forming on the ADAUSD charts. The cryptocurrency is expected to turn bullish after the completion of the pattern.

RelatedPosts

Cardano price prediction: ADA to challenge $1.20 resistance again

Cardano price prediction: ADA to climb to $1.25 resistance level

Cardano price prediction: ADA to climb to $0.9500 as buyers defend $0.800 support

Cardano price prediction: ADA to climb to the $1.00 resistance level

Cardano price chart 2 - 18 November
Cardano price prediction chart by Robb

The price traded above an ascending trend line, with a flat resistance at the $0.113 level. From the bigger picture, the cryptocurrency is inside a big ascending triangle and it is to rise towards the upper resistance of the triangle. The inverse H&S pattern is a bullish pattern, and contrary to the normal H&S pattern, its completion causes the asset’s value to rise on the charts. Per the analyst, the cryptocurrency will break above the flat resistance and rise past the $0.15 level to complete this trade.

What’s next for the ADAUSD pair?

Another Trading View analyst believes that the cryptocurrency will see an ascension on the charts soon. Per the analyst, the price has approached a buy zone, and they have suggested traders buy the asset from this point.

Cardano price chart 3 - 18 November
Cardano price prediction chart by Hustle Grind Momentum

The entry-level lies in the zone marked on the chart above, the cryptocurrency is moving towards the end of a big triangle pattern. The price volatility has decreased by a lot, and this means that the cryptocurrency will now look for a breakout. The strong trend line is acting as a support, which has been tested by the cryptocurrency in the past. The price is expected to break towards the upside and rise above the $0.16 level. The analyst believes that the cryptocurrency will begin a bullish run over a week’s time.

Cardano price prediction: What to expect from Cardano?

The chart below shows that the cryptocurrency will move towards the $0.100 mark next. Per the analyst, the nearest support lies near this mark, and Cardano is looking to move into a short-term trade.

Cardano price chart 4 - 18 November
Cardano price prediction chart by Khiwe

If the price moves short from here, the trajectory will fall towards the flat support level formed and tested at $0.100. Per the analyst, the support is strong enough to withstand the short-position setup. Once the cryptocurrency observed a bounce-off from here, the cryptocurrency will run towards the $0.1182 mark.

The Relative Strength Index (RSI) on the chart above shows a move towards the downside. The RSI closed below the midline at 50.00, but it is still in the neutral zone. The next support for this setup lies at $0.096.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Tags: cryptocurrency tradingcryptomarket
Taha Farooqui

Taha Farooqui

Taha specializes in copywriting & translating texts. He aims to cover cryptocurrencies & blockchain in both English and local dialects in the Middle Eastern regions. He has helped write, translate, and localize the material related to cryptocurrencies and blockchain.

Related Posts

Cardano price
Cardano News

Cardano price prediction: ADA to challenge $1.20 resistance again

February 25, 2021
Cardano price
Cardano News

Cardano price prediction: ADA to climb to $1.25 resistance level

February 21, 2021
Cardano price
Cardano News

Cardano price prediction: ADA to climb to $0.9500 as buyers defend $0.800 support

February 17, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Cryptocurrency investment

Cryptocurrency investment in Australia is high, survey

February 26, 2021
Bitcoin security

Bitcoin Security: MIT’s long term project backed by crypto authorities

February 26, 2021
Litecoin price

Litecoin price prediction: LTC to fall to $150 support level

February 26, 2021
Elon Musk

Elon Musk under investigation for Dogecoin tweet

February 25, 2021
Cardano price

Cardano price prediction: ADA to challenge $1.20 resistance again

February 25, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 3

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

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