Tuesday, July 8, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

Cardano analysis – the price is in accumulation zone, but the reversal of the trend is not confirmed

by Margharet Tess
April 5, 2025
in Analysis
Reading Time: 3 mins read

After reaching the bottom in the form of a symmetrical triangle, Cardano managed to achieve a decent one growing trend which, moreover, is accompanied by short – term declines. However, it is too early to determine the reversal of the long-term trend, as the price is still under the key resistance of the long-term structure.

The market price is below the resistance of the local maximum correction structure. To overcome it, the price would currently have to overcome $ 1.35. In addition, we do not know how long the price will remain at the same time accumulation zone as its interval is relatively wide – $ 1.00 to $ 1.50.

Cardano still under resistanceCardano still under resistance. Source: TradingView

Cardano still under resistance

Even if we beat $ 1.35 and the price went above the resistance of the maximum correction, it would still not be confirmed trend reversal. This would only happen when the price exceeds the previous long-term maximum, as it did recently BTC. In the case of Cardano, this is the double peak level at $ 1.60.

As we can see, Cardano still has room to continue in the accumulation zone. Nevertheless, if sentiment of the market remains, it may be an ideal purchase in this zone, even if the decision is up to each individual. Long-term closure resistance and support it may even occur at the end of the month.

  • Author
  • Recent Posts
Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
Latest posts by Margharet Tess (see all)
  • Bitcoin’s Ready to Blow… Upwards? - July 3, 2025
  • Ethereum’s $5K Dream: Breakout or Breakdown? - July 2, 2025
  • Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips - June 27, 2025
Tags: Cardano
Previous Post

BTC analysis – the price has created a maximum and is ready to continue growing

Next Post

Operate your own ASIC miner with Compass Mining

Related Posts

Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips
Analysis

Ethereum’s Not Dead Yet: On-Chain Data Screams Rebound & Trading Tips

June 27, 2025
XRP Ain’t Dead: On-Chain Whispers and Trading Shenanigans You Can’t Ignore & Trading Tips
Analysis

XRP Ain’t Dead: On-Chain Whispers and Trading Shenanigans You Can’t Ignore & Trading Tips

June 26, 2025
BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?
Analysis

BTC Analysis & Trading Tips: Bitcoin’s Banging on Resistance – Is It Time to Moon or Nuke?

June 25, 2025
Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL
Analysis

Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

June 24, 2025
TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet
Uncategorized

TRON’s On-Chain Reality Check: Growth, Greed, and Why TRX Ain’t Dead Yet

June 19, 2025
Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?
Analysis

Ethereum Price Analysis & Trading Tips: Triangle Squeeze and RSI Shenanigans – WTF Happens Next?

June 18, 2025
Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild
Analysis

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

June 12, 2025
Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again
Analysis

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025
Trading

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

10 Brilliant Reasons I’m Still Holding My 2018 Altcoin Bag (And Totally Not Crying Inside)

July 1, 2025
Staking: Is it Just a Fancy Ponzi Scheme? Let's Get Real.

Staking: Is it Just a Fancy Ponzi Scheme? Let’s Get Real.

June 11, 2025
Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone

Bitcoin at $104K: Spoofers, Liquidations & Degens – Welcome to the Danger Zone

June 20, 2025
How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

June 9, 2025
The Centralized Trap: Is Web3 Quietly Turning Back Into Web2?

The Centralized Trap: Is Web3 Quietly Turning Back Into Web2?

June 24, 2025
Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

June 12, 2025
Altseason Is Coming: Time to Saddle Up, Degens

Altseason Is Coming: Time to Saddle Up, Degens

June 20, 2025
To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro

To Everyone Selling Their Crypto: Take a Breath, Quit Panicking, and Read This Like a Pro

June 23, 2025
SOL's Big F***ing Breakout: Why Solana's About to Send You to the Moon

SOL’s Big F***ing Breakout: Why Solana’s About to Send You to the Moon

June 10, 2025
Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

Bitcoin’s Not Dead, It’s Just Loading: On-Chain Data Says Sit Down and HODL

June 24, 2025

💥 What's Your Crypto Trading Spirit Animal?

1. Your reaction to a red 15% candle?

2. How do you read charts?

3. What’s your biggest trading sin?

4. Favorite indicator?

5. How do you set your stop-loss?

6. What's your ideal trading environment?

7. How do you handle losing trades?

8. What’s your position sizing like?

9. What's your backup plan if you get liquidated?

10. Your crypto endgame?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

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