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Crypto Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Cardano (CRYPTO:ADAUSD)
Long-Term Downtrend (-90) - ADAUSD is in a strong downtrend that is likely to continue. While ADAUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ADAUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADAUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ADAUSD
The long-term trend has been DOWN since Apr 14th, 2024 at 0.48000
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.63755
The short-term trend has been DOWN since Apr 25th, 2024 at 0.51085
Smart Scan Analysis for ADAUSD
Based on our trend formula, ADAUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.47290 | 0.47835 | 0.47835 | 0.47715 | +0.00425 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.47290 | 2024-04-25 03:13:16 |