Cardano prices analysis: What are its upcoming movements?

Cardano-ADM is currently facing major short-term levels of resistance to around $ 0.63, because digital currency is currently at a large crossroads; In the event that you are unable to exceed the average scale index in the 21 -day beach (21DMA), its probability could soon increase its lowest levels recently recorded to around $ 0.51.

However, the price of Cardano-ADM came out of a short-term descending direction earlier this month, and since then it has managed to stay above the previous level of resistance represented by the downward trend line, which indicates the start of bulls (height speculators) by restoring the dynamics despite the bad price movement.

In the event that Bulls can receive reins and pay the ADA price at $ 0.67, for example, this can be paved due to its increase in the resistance level close to $ 0.80.

Where is the price of Cardano?

So where can Cardano price go? It may be difficult to predict. The fears of the trade war always dominate the mood of the financial markets, and it is impossible to predict the next stage of the American president Donald Trump, such as the economic damage caused by the state of incompetence, which could produce on Wednesday opposed conditions in 2025. Répercussions), and some considered its comments “strict” because of its indication of the reluctance to reduce the monetary policy, In the midst of fears of obstinate inflation.

In the light of this global economic scene, it is wise that chipto traders do not expect a great resumption on the short -term market, and it must be seen with suspicion of any recovery in the foreseeable future, unless it is supported by a clear improvement in the uncertainty that surrounds the macroeconomic scene.

However, some rumors can cause an expected partnership between Kardano and Ripple Labs – the developed company of XRP Ledger – some of the short -term fluctuations of the price close to Cardano (ADA).

There is little chance of attending a new season of alternative currencies before the flow of new liquidity of the Central Bank, which is still far away.

Should Cardano buy at low prices?

The price of the Cardano room in the weeks and months to come can decrease to its lowest levels in several months. Is it worth buying at that time?

In fact, Cardano (ADA) remains a digital currency exposed to serious fluctuations, and has had trouble achieving real adoption since its launch almost a decade ago, this is obvious in the decrease in its blockchain activity and the decrease in the total value seized (TVL) according to DEFI LLAMA.

Nevertheless, Cardano has one of the strongest and most faithful companies on the cracking market; After the Trump administration, supporting the White House, arrived at the White House last January, Kardano mentioned in many talks, so that the president himself mentioned.

Kardano also plans to become the preferred Bitcoin network of decentralized financing (DEFI), which can add a new item to its user list.

And if Cardano has an accelerated adoption rate in the next four years of Trump, no one will be surprised by a vision of its value ten times compared to its current levels to reach new price levels, but there remains a more dangerous bet compared to the most famous digital currencies such as BTC and Ethereum (ETH), which can be described as having at least similar capacities.

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Cardiano currency price analysis: what are its next movements? APPLERDIRST on Arab Cryptonews.