Market Cap: $2.6413T -1.440%
Volume(24h): $91.7091B -14.020%
  • Market Cap: $2.6413T -1.440%
  • Volume(24h): $91.7091B -14.020%
  • Fear & Greed Index:
  • Market Cap: $2.6413T -1.440%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83431.384543 USD

1.12%

ethereum
ethereum

$1892.151092 USD

-0.03%

tether
tether

$0.999942 USD

0.02%

xrp
xrp

$2.278148 USD

3.41%

bnb
bnb

$578.808477 USD

3.91%

solana
solana

$127.225561 USD

2.56%

usd-coin
usd-coin

$1.000010 USD

0.01%

cardano
cardano

$0.727715 USD

-0.81%

dogecoin
dogecoin

$0.172018 USD

3.11%

tron
tron

$0.224692 USD

1.50%

pi
pi

$1.713684 USD

3.42%

unus-sed-leo
unus-sed-leo

$9.723476 USD

-1.81%

chainlink
chainlink

$13.386106 USD

2.19%

stellar
stellar

$0.274124 USD

7.50%

hedera
hedera

$0.198131 USD

-1.41%

Cryptocurrency News Articles

Cardano (ADA) Price Prediction Today, March 13, 2025: Will the Price Break Out or Breakdown?

Mar 13, 2025 at 09:41 pm

The Cardano price chart on Binance displays the price movement that established holding power at $0.7100 while facing obstacles at $0.7400.

Cardano (ADA) Price Prediction Today, March 13, 2025: Will the Price Break Out or Breakdown?

The Relative Strength Index (RSI) momentum indicator may be used to identify periods of market overboughtness and oversoldness that frequently resulted in price reversals, as highlighted in today's Cardano price analysis. The RSI reached 70 at 07:30 UTC as the price peaked at $0.7750, indicating overboughtness.

The sell-off began when ADA reached its highest peak price and led the coin to return to its established trading boundaries. At this price level, market participants had the chance to buy because price movement seemed favorable for a potential rebound.

At 03:00 UTC and 06:00 UTC, the RSI showed oversold conditions at the support level of $0.7100, which enabled traders to engage in selling activities. Each time the support encountered testing instances in its oversold areas, ADA experienced minor market recovery.

The MACD analysis further highlighted the trend changes by offering an extra confirmation method. A Golden Cross indicator emerged at 06:00 UTC during the upward movement that lifted Bitcoin from $0.7100 to $0.7400, thus creating stronger bullish conditions at the support level.

A Death Cross appearing during 15:00 UTC revealed bearishness that caused the price to decline to $0.7150. At 18:00 UTC, another Golden Cross appeared, triggering temporary price recovery because market actors attempted but failed to pass the $0.7400 resistance mark.

The combination of MACD’s death crosses, and golden crosses enabled traders to confirm position entries and exits in accordance with price actions, which showed trading reversal signals.

The ADA price chart on Binance is displaying the price movements that established holding power at $0.7100 while facing obstacles at $0.7400. During the trading period, ADA managed to reach its highest point at $0.7750 at 07:30 UTC before market participants started major selling activities.

A quick price drop occurred, so the price remained bounded between $0.7100 and $0.7400. Multiple attempts to overcome the $0.7400 resistance between 18:00 UTC and 21:00 UTC showed that traders strongly opposed this price level.

Today's Cardano price analysis defines a well-established range for traders to take advantage of during the current market conditions. Multiple successful rejections of $0.7400 make it a reliable sell zone that strengthens its position, while frequent successes at defending $0.7100 establish it as a secure buy area.

Traders should place their buy orders near $0.7100 during RSI oversold periods and sell before $0.7400 during RSI overbought moments. The investment approach matches past market trends since rebounds at support levels typically lead to profitable trades which end in resistance rejection.

The coin will probably stay confined between $0.7100 and $0.7400 until it breaks either level. Price movements above $0.7400 could start another attempt to reach $0.7750, and downside-breaking $0.7100 may trigger additional price drops.

The majority of trading activities should concentrate on range tactics with both RSI and MACD indicators active for determining optimal entry and exit points. Various technical indicators within the defined range keep Cardano in a stabilization phase before a major price movement directs its short-term path.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 14, 2025