Cardano (ADA) Price Analysis for January 26

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Cardano (ADA) Price Analysis for January 26
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Can ADA keep rising faster than other coins? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity

On the hourly chart, the price of Cardano is trading near the resistance level at $0.3832, after the fasel breakout of the support at $0.3736. If buyers can hold the gained initiative by the end of the day, the further rise may continue to theOn the bigger time frame, one should pay attention to the resistance level at $0.3872. If the candle closes near it with no long wicks, there are chances to see a further upward move to the important zone around $0.40.

On the daily chart against Bitcoin , Cardano keeps accumulating power in the range between the support at 0.00001548 and the resistance at 0.00001676. At the moment, bulls are more powerful than bears to a certain extent, and the price is closer to the upper level. If the bar closes above it, traders may see a midterm rise as the energy has enough energy has been gathered enough for such a move.

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