* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 5, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

  • General
  • Health
  • News

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

  • General
  • Health
  • News

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Here’s What to Expect for Cardano (ADA) as It Closes Out December

December 27, 2023
in General
Here’s What to Expect for Cardano (ADA) as It Closes Out December
Share on FacebookShare on Twitter

The Cardano (ADA) price has decreased slightly since December 14, when it reached its yearly high of $0.68.

The rally has begun to show signs of weakness in lower time frames. Will ADA muster enough strength to end the year on a positive note?

Cardano Struggles After Yearly High

The weekly time frame technical analysis shows that the ADA price had traded in a horizontal range since the start of the year. After consolidating near the range low, ADA began a rapid upward movement in October.

Since then, ADA has increased by 150%, culminating with a new yearly high of $0.68 on December 11. In the ten weeks since the upward movement began, ADA has created nine bullish candlesticks, moving outside of its long-term range.

Cardano (ADA) Price MovementADA/USD Weekly Chart. Source: TradingView

Traders utilize the RSI as a momentum indicator to assess whether a market is overbought or oversold and whether to accumulate or sell an asset.

If the RSI reading is above 50 and the trend is upward, bulls still have an advantage, but if the reading is below 50, the opposite is true.

The weekly RSI is increasing and is above 50, both signs of a bullish trend. Despite being overbought, there is no bearish divergence to warn of an impending decrease.

What Are Analysts Saying?

Cryptocurrency traders and analysts on X have a bullish view of the future ADA price trend.

Crypto Yapper believes the price will break out from its symmetrical triangle. He tweeted:

“The price of #Cardano is getting squeezed into this apex which will break soon. Most of the times these formations will follow the trend, and the trend is up. What are your thoughts about #ADA?”

ADA Price MovementADA/USDT Four-Hour Chart. Source: X

BuyDipCrypto also charted a symmetrical triangle and believes the breakout from it will catalyze the upward movement.

Finally, Valeriya believes the price will increase because it has consistently created higher lows.

ADA Price Prediction – Will the Yearly High Stand?

Elliott Wave theory involves the analysis of recurring long-term price patterns and investor psychology to determine the direction of a trend.

The most likely Elliott Wave count indicates that the ADA price has reached the top of wave three (black) in a five-wave upward movement.

Wave three has extended and has 2.61 times the length of wave one. The sub-wave count is given in white.

This outlook is supported by the daily RSI, which has generated a bearish divergence (green).

If the price starts wave four, ADA could decrease by 15% to the 0.382 Fib retracement support level at $0.50.

ADA Price PredictionADA/USDT Daily Chart. Source: TradingView

Despite this bearish ADA price prediction, moving above the yearly high will mean wave three has extended. Then, ADA can surge by 45% to the next resistance at $0.88.

How to Stake Cardano – A Complete Guide for Beginners. Source: YouTube

For BeInCrypto’s latest crypto market analysis, click here.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BeingCrypto – https://beincrypto.com/cardano-ada-december-positive/

Previous Post

Meet the economist who wants the field to account for nature

Next Post

Changpeng “CZ” Zhao’s Net Worth Surges by $25B This Year, Despite Legal Challenges 

Special Feature: Intraspecific variation in ecology & evolution – besjournals

Exploring the Fascinating World of Intraspecific Variation in Ecology and Evolution

July 5, 2025

NASA’s Lucy Mission Provides Full View of Asteroid Donaldjohanson – NASA Science (.gov)

July 5, 2025
Even old brains can make new neurons, study suggests – Popular Science

Even old brains can make new neurons, study suggests – Popular Science

July 5, 2025
Jonathan Anderson reinvents JW Anderson as lifestyle brand – FashionNetwork Canada

Jonathan Anderson Reinvents JW Anderson as a Vibrant Lifestyle Brand

July 5, 2025
Review: Jurassic World Rebirth is a prehistoric disaster – AZFamily

Jurassic World Rebirth: A Prehistoric Disaster Unleashed

July 5, 2025
Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

July 5, 2025
Elon Musk vows to start a new political party after Trump feud. Here’s why that’s harder than it sounds. – CBS News

Elon Musk vows to start a new political party after Trump feud. Here’s why that’s harder than it sounds. – CBS News

July 5, 2025
New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

July 4, 2025
California AG Rob Bonta says online fantasy sports platforms are illegal in the state – KCRA

California AG Rob Bonta Cracks Down, Declares Online Fantasy Sports Platforms Illegal

July 4, 2025
Bridge Point Tacoma permit and settlement – Washington State Department of Ecology (.gov)

Bridge Point Tacoma permit and settlement – Washington State Department of Ecology (.gov)

July 4, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (705)
  • Economy (731)
  • Entertainment (21,620)
  • General (15,718)
  • Health (9,768)
  • Lifestyle (735)
  • News (22,149)
  • People (731)
  • Politics (739)
  • Science (15,948)
  • Sports (21,229)
  • Technology (15,715)
  • World (712)

Recent News

Special Feature: Intraspecific variation in ecology & evolution – besjournals

Exploring the Fascinating World of Intraspecific Variation in Ecology and Evolution

July 5, 2025

NASA’s Lucy Mission Provides Full View of Asteroid Donaldjohanson – NASA Science (.gov)

July 5, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version