{"id":39840,"date":"2022-12-31T20:21:31","date_gmt":"2022-12-31T20:21:31","guid":{"rendered":"https:\/\/egrowonline.com\/?p=39840"},"modified":"2022-12-31T20:21:31","modified_gmt":"2022-12-31T20:21:31","slug":"cardano-ada-price-analysis-for-december-31","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=39840","title":{"rendered":"Cardano (ADA) Price Analysis for December 31"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The <a target=\"_blank\" href=\"https:\/\/u.today\/doge-and-shib-price-analysis-for-december-30\" rel=\"noopener\">majority of the coins<\/a> from the top 10 list have a chance to close in the red zone on the last day of 2022.<\/p>\n<p><img decoding=\"async\" alt=\"Top 10 coins by CoinMarketCap\" data-entity-type=\"file\" data-entity-uuid=\"d45ce4b9-f0a2-4385-a9ac-93e25430c33e\" src=\"https:\/\/news.google.com\/sites\/default\/files\/inline-images\/top10_182.png\" \/><\/p>\n<h2>ADA\/USD<\/h2>\n<p>Cardano (ADA) has gained the most value today, rising by 2.11% over the last 24 hours.<\/p>\n<p><img decoding=\"async\" alt=\"ADA\/USD chart by TradingView \" data-entity-type=\"file\" data-entity-uuid=\"2e83a12f-d65a-42ec-b7ed-41986bad96b4\" src=\"https:\/\/news.google.com\/sites\/default\/files\/inline-images\/ada1_28.png\" \/><\/p>\n<p>On the hourly chart, the price of Cardano (ADA) has broken the resistance at $0.2459 against the increased buying volume, which means that bulls want to seize the initiative.<\/p>\n<p>Currently, one should pay attention to the $0.25 mark. If the bar closes near it, the growth could\u00a0continue to the $0.2530 zone.<\/p>\n<p><img decoding=\"async\" alt=\"ADA\/USD chart by TradingView \" data-entity-type=\"file\" data-entity-uuid=\"84d4ed2c-328e-42e8-b2f9-db7d637594a7\" src=\"https:\/\/news.google.com\/sites\/default\/files\/inline-images\/ada2_34.png\" \/><\/p>\n<p>On the bigger chart, Cardano (ADA) is trying to break the resistance at $0.2478, which serves as the mirror level. If the candle closes above that mark with no long wicks, the bullish move could\u00a0continue to the $0.2520-$0.2540 zone soon.<\/p>\n<p><img decoding=\"async\" alt=\"ADA\/USD chart by TradingView \" data-entity-type=\"file\" data-entity-uuid=\"a80a04c5-1c7c-4ed2-b308-54c929f76f92\" src=\"https:\/\/news.google.com\/sites\/default\/files\/inline-images\/ada3_27.png\" \/><\/p>\n<p>On the weekly chart, traders should focus on the previous candle low at $0.2465. If the bar closes above it, one could\u00a0see an ongoing correction to the nearest resistance zone at $0.2550. Such a scenario is relevant until mid-January.<\/p>\n<p>ADA is trading at $0.2485 at press time.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiOmh0dHBzOi8vdS50b2RheS9jYXJkYW5vLWFkYS1wcmljZS1hbmFseXNpcy1mb3ItZGVjZW1iZXItMzHSAT5odHRwczovL3UudG9kYXkvY2FyZGFuby1hZGEtcHJpY2UtYW5hbHlzaXMtZm9yLWRlY2VtYmVyLTMxP2FtcA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The majority of the coins from the top 10 list have a chance to close in the red zone on the last day of 2022. ADA\/USD Cardano (ADA) has gained the most value today, rising by 2.11% over the last 24 hours. On the hourly chart, the price of Cardano (ADA) has broken the resistance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[340,14,266,806,195],"class_list":["post-39840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-analysis","tag-cardano","tag-december","tag-price"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/12\/29450.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/39840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39840"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/39840\/revisions"}],"predecessor-version":[{"id":39842,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/39840\/revisions\/39842"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/39841"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39840"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}