{"id":221097,"date":"2019-04-14T16:41:25","date_gmt":"2019-04-14T20:41:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=221097"},"modified":"2021-09-14T03:17:05","modified_gmt":"2021-09-14T07:17:05","slug":"cardano-trading-while-consolidating-ada-may-breakout-soon","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/cardano-trading-while-consolidating-ada-may-breakout-soon","title":{"rendered":"Cardano trading: While Consolidating, ADA May Breakout Soon"},"content":{"rendered":"

Cardano (ADA) Price Analysis \u2013 April 14<\/h3>\n

Following a bearish sentiment, Cardano market has been moving side-way for the past three days as a price break is expected to play out on either way. An upward move could kick-start another bull-run. If otherwise, the bearish sentiment would continue within a channel.<\/p>\n

ADA\/USD Market<\/h2>\n

Key Levels:<\/strong>
\nResistance levels: $0.09, $0.1, $0.12
\nSupport levels: $0.073, $0.06, $0.05<\/p>\n

For the past ten days, however, ADAUSD has been maintaining a slow bearish formation which is quite revealing in a falling channel pattern. Cardano\u2019s market has been choppy since April 12 opening; showing indecisive trading<\/a>. The 4-hours RSI has since been positioned on a side-way trend.<\/p>\n

\"\"<\/a>
ADAUSD, 4H Chart – April 14<\/figcaption><\/figure>\n

In fact, the medium-term MACD is revealed horizontally below the zero level. A positive move could swing price up to $0.09 resistance level and above. A negative move may further drop the token to $0.073 support level and beyond.<\/p>\n

Before now, the 40 level of the medium-term RSI has become a strong defensive line for the bulls\u2019 side since the early March rise. A successful breach below this level could lead to a more bearish scenario.<\/p>\n

ADA\/BTC Market<\/h3>\n

Cardano began a bullish reversal on March 4 after holding the price at 1100 SAT low. The upward movement propelled buying momentum to a monthly high of 1944 SAT on April 3; gaining 87% within a month. The scenario is shown on the 4-hours MACD.<\/p>\n

\"\"<\/a>
ADABTC, 4H Chart – April 14.<\/figcaption><\/figure>\n

Currently, ADABTC appeared to be following a falling channel after recording the monthly in the past two weeks. Resting close to the upper trend line, the token is expected to drop to 1450 SAT support; testing the lower trend line. However, a fall below 1450 SAT could send the price to 1300 SAT support and below.<\/p>\n

Similarly, a possible spike may push price at 1800 SAT resistance level, resuming a buying pressure. As the 4-hours RSI is leveled at 40, the sellers are yet to exhaust momentum.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cardano (ADA) Price Analysis \u2013 April 14 Following a bearish sentiment, Cardano market has been moving side-way for the past three days as a price […]<\/a><\/div>","protected":false},"author":1742,"featured_media":221135,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[8051,8052,8009,7992],"class_list":["post-221097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-adabtc","tag-adausd","tag-price-prediction","tag-technical-analysis"],"acf":[],"yoast_head":"\nCardano trading: While Consolidating, ADA May Breakout Soon - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Cardano market has been moving side-way for the past three days as a price break is expected to play out on either way.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano trading: While Consolidating, ADA May Breakout Soon - InsideBitcoins.com\" \/>\n<meta property=\"og:description\" content=\"Cardano market has been moving side-way for the past three days as a price break is expected to play out on either way.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/insidebitcoins.com\/news\/cardano-trading-while-consolidating-ada-may-breakout-soon\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-14T20:41:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-14T07:17:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1365\" \/>\n\t<meta property=\"og:image:height\" content=\"730\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Cardano trading: While Consolidating, ADA May Breakout Soon\",\"datePublished\":\"2019-04-14T20:41:25+00:00\",\"dateModified\":\"2021-09-14T07:17:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097\"},\"wordCount\":334,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg\",\"keywords\":[\"ADABTC\",\"ADAUSD\",\"Price Prediction\",\"Technical Analysis\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097\",\"name\":\"Cardano trading: While Consolidating, ADA May Breakout Soon - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg\",\"datePublished\":\"2019-04-14T20:41:25+00:00\",\"dateModified\":\"2021-09-14T07:17:05+00:00\",\"description\":\"Cardano market has been moving side-way for the past three days as a price break is expected to play out on either way.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg\",\"width\":1365,\"height\":730},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search & Compare Brokers within Crypto, Forex & Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\",\"name\":\"Azeez Mustapha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"caption\":\"Azeez Mustapha\"},\"description\":\"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/\",\"https:\/\/x.com\/ItuGlobal\"],\"url\":\"https:\/\/insidebitcoins.com\/author\/azeezmustaph\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cardano trading: While Consolidating, ADA May Breakout Soon - InsideBitcoins.com","description":"Cardano market has been moving side-way for the past three days as a price break is expected to play out on either way.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097","og_locale":"en_US","og_type":"article","og_title":"Cardano trading: While Consolidating, ADA May Breakout Soon - InsideBitcoins.com","og_description":"Cardano market has been moving side-way for the past three days as a price break is expected to play out on either way.","og_url":"https:\/\/insidebitcoins.com\/news\/cardano-trading-while-consolidating-ada-may-breakout-soon","og_site_name":"InsideBitcoins.com","article_published_time":"2019-04-14T20:41:25+00:00","article_modified_time":"2021-09-14T07:17:05+00:00","og_image":[{"width":1365,"height":730,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg","type":"image\/jpeg"}],"author":"Azeez Mustapha","twitter_card":"summary_large_image","twitter_creator":"@ItuGlobal","twitter_misc":{"Written by":"Azeez Mustapha","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097"},"author":{"name":"Azeez Mustapha","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8"},"headline":"Cardano trading: While Consolidating, ADA May Breakout Soon","datePublished":"2019-04-14T20:41:25+00:00","dateModified":"2021-09-14T07:17:05+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097"},"wordCount":334,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg","keywords":["ADABTC","ADAUSD","Price Prediction","Technical Analysis"],"articleSection":["More Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097","name":"Cardano trading: While Consolidating, ADA May Breakout Soon - InsideBitcoins.com","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg","datePublished":"2019-04-14T20:41:25+00:00","dateModified":"2021-09-14T07:17:05+00:00","description":"Cardano market has been moving side-way for the past three days as a price break is expected to play out on either way.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/ADABTC-4H-Chart-April-14.jpg","width":1365,"height":730},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search & Compare Brokers within Crypto, Forex & Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8","name":"Azeez Mustapha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","caption":"Azeez Mustapha"},"description":"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/x.com\/ItuGlobal"],"url":"https:\/\/insidebitcoins.com\/author\/azeezmustaph"}]}},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=221097"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/221097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/221135"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=221097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=221097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=221097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}