{"id":202319,"date":"2023-11-28T21:34:14","date_gmt":"2023-11-28T16:04:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/ada-at-a-crossroads-will-bullish-fractal-play-out-or-crash-crypto-news\/"},"modified":"2023-11-28T21:34:20","modified_gmt":"2023-11-28T16:04:20","slug":"ada-at-a-crossroads-will-bullish-fractal-play-out-or-crash-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ada-at-a-crossroads-will-bullish-fractal-play-out-or-crash-crypto-news\/","title":{"rendered":"ADA At A Crossroads, Will Bullish Fractal Play Out Or Crash? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-166604\">\n<p>\nCardano price prediction: ADA flaunts bullish fractal as bulls deal with resistance at $0.38. The IOMAP shows ADA holding above a solid support at $0.37.\t\t\t\t<\/p>\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img width=\"2710\" height=\"1454\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Cardano price prediction chart\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47.png 2710w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-300x161.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-1224x657.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-768x412.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-1536x824.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-2048x1099.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-150x80.png 150w\" sizes=\"(max-width: 2710px) 100vw, 2710px\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">Published 12 seconds ago  <\/p>\n<div class=\"Atcs\">\n<p class=\"p1\">Cardano Price Prediction: Cardano (ADA) like many other altcoins, is at a critical point that could either lead to immense gains or a deeper correction. The determining factors would range from its technical outlook, community support, and network development.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p class=\"p1\">Earlier this month, a Gemini-backed media platform highlighted past, ongoing a future developments in the Cardano ecosystem, including the project\u2019s multi-phase development roadmap.<\/p>\n<p class=\"p1\">The main objective of this approach has been to transform <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/cardano\/\">Cardano<\/a> into a highly scalable, secure, and decentralized network.<\/p>\n<h2 class=\"p1\">Cardano Price Prediction: Are Bulls Ready To Tap The Fractal?<\/h2>\n<p class=\"p1\">Cardano price has been moving on an upward trajectory since October 19 apart from the resistance at $0.4 pricing to be an uphill task for the bulls. This has led to the formation of an elaborate bullish and bearish fractal, where the price is moving up and down in seemingly identical patterns, as illustrated on the chart.<\/p>\n<figure id=\"attachment_166606\" aria-describedby=\"caption-attachment-166606\" style=\"width: 2710px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-166606\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Cardano price prediction chart\" width=\"2710\" height=\"1454\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47.png 2710w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-300x161.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-1224x657.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-768x412.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-1536x824.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-2048x1099.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-150x80.png 150w\" data-lazy-sizes=\"(max-width: 2710px) 100vw, 2710px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-166606\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47.png\" alt=\"Cardano price prediction chart\" width=\"2710\" height=\"1454\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47.png 2710w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-300x161.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-1224x657.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-768x412.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-1536x824.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-2048x1099.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADAUSD_2023-11-28_18-13-47-150x80.png 150w\" sizes=\"auto, (max-width: 2710px) 100vw, 2710px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-166606\" class=\"wp-caption-text\">Cardano price prediction chart| Tradingview<\/figcaption><\/figure>\n<p class=\"p1\">A bullish fractal has the price moving downwards and then upwards, forming a U pattern. In Cardano\u2019s case, bulls have already taken the reins, pushing for a rebound from the short-term support at $0.37 to the current market value of $0.38.<\/p>\n<p class=\"p1\">The Moving Average Convergence Divergence (MACD) indicator could reinforce the bullish grip by sending a buy signal in the coming sessions. Traders should watch out for the blue MACD line to cross above the red signal line before activating their buy orders, especially if they wish to avoid sudden pullbacks.<\/p>\n<p class=\"p1\">Although the 50-day Exponential Moving Average (EMA) (red) is capping the uptrend at $0.381, a step above it would bolster investor confidence in the uptrend aiming for gains above $0.4.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p class=\"p1\">The seller congestion at $0.4 is another deciding factor in the short-term bullish outlook of ADA. Here, a breakout could follow through above $0.5 and subsequently towards $1 amid growing positive sentiment among investors.<\/p>\n<p class=\"p1\"><span class=\"s1\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/cardano\/\">Cardano price<\/a><\/span>\u00a0might face increased overhead pressure if resistance at $0.4 fails to budge, thus eroding investor confidence. A sell-off period might follow with ADA targeting lower support areas to collect liquidity and increase volatility for the next breakout.<\/p>\n<p class=\"p2\"><span class=\"s2\"><b>Recommended for you:<\/b>\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/dogecoin-price-prediction-will-doge-rally-as-addresses-with-a-balance-surpass-5m\/\"><span class=\"s1\">Dogecoin Price Prediction: Will DOGE Rally As Addresses With A Balance Surpass 5M<\/span><\/a><\/span><\/p>\n<h2 class=\"p1\">Cardano On Top A Key Demand Zone<\/h2>\n<p class=\"p1\">Blockchain data, processed by IntoTheBlock, reveals that Cardano is holding on top of an important demand area running from $0.37 and $0.38. There are approximately 166k addresses in this region that purchased 4.88 billion ADA.<\/p>\n<figure id=\"attachment_166605\" aria-describedby=\"caption-attachment-166605\" style=\"width: 2336px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-166605\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Cardano price prediction IOMAP chart\" width=\"2336\" height=\"846\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP.jpeg 2336w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-300x109.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-1224x443.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-768x278.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-1536x556.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-2048x742.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-150x54.jpeg 150w\" data-lazy-sizes=\"(max-width: 2336px) 100vw, 2336px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP.jpeg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-166605\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP.jpeg\" alt=\"Cardano price prediction IOMAP chart\" width=\"2336\" height=\"846\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP.jpeg 2336w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-300x109.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-1224x443.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-768x278.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-1536x556.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-2048x742.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/11\/ADA-IOMAP-150x54.jpeg 150w\" sizes=\"auto, (max-width: 2336px) 100vw, 2336px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-166605\" class=\"wp-caption-text\">Cardano IOMAP chart | IntoTheBlock<\/figcaption><\/figure>\n<p class=\"p1\">According to crypto analyst @ali_charts with over 33k followers on X,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/cardano-price-prediction-as-ada-edge-close-to-45-rally\/\"><span class=\"s1\">Cardano is approaching a breakout<\/span><\/a>\u00a0\u201c with minimal resistance ahead and solid support below\u201d remaining above the highlighted zone.<\/p>\n<p class=\"p1\">If cleared, the region could usher in a new bullish wave for ADA price to rise to new yearly highs.<\/p>\n<p class=\"p1\">Traders are, however, cautioned to look out for the area at $0.37 because losing this support may pave the way for a minor retracement to $0.34 before the next significant rebound.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h3 class=\"p1\">Related Articles<\/h3>\n<\/p><\/div>\n<div class=\"MarketBottm\">\n<div class=\"Socilsm\">\n<p>\n                    Share this article on:<\/p>\n<div class=\"LinksSo\">\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/share\/url?url=https:\/\/coingape.com\/markets\/cardano-price-prediction-ada-at-a-crossroads-will-bullish-fractal-play-out-or-crash\/&#038;text=Cardano Price Prediction: ADA At A Crossroads, Will Bullish Fractal Play Out Or Crash?\" class=\"TeleS\"><i class=\"fa fa-paper-plane-o\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/cardano-price-prediction-ada-at-a-crossroads-will-bullish-fractal-play-out-or-crash\/\" 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href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/coingape.com\/markets\/cardano-price-prediction-ada-at-a-crossroads-will-bullish-fractal-play-out-or-crash\/\" class=\"TeleSFb\"><i class=\"fa fa-facebook\"\/><\/a>\n                    <\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA166604\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>John is a seasoned crypto expert, renowned for his in-depth analysis and accurate price predictions in the digital asset market. As the Price Prediction Editor for Market Content at CoinGape Media, he is dedicated to delivering valuable insights on price trends and market forecasts. With his extensive experience in the crypto sphere, John has honed his skills in understanding on-chain data analytics, Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Centralized Finance (CeFi), and the dynamic metaverse landscape. Through his steadfast reporting, John keeps his audience informed and equipped to navigate the ever-changing crypto market.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD166604\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/news\/altcoin-news\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano price prediction: ADA flaunts bullish fractal as bulls deal with resistance at $0.38. The IOMAP shows ADA holding above a solid support at $0.37. Published 12 seconds ago Cardano Price Prediction: Cardano (ADA) like many other altcoins, is at a critical point that could either lead to immense gains or a deeper correction. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":202320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-202319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=202319"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202319\/revisions"}],"predecessor-version":[{"id":202321,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/202319\/revisions\/202321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/202320"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=202319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=202319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=202319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}