CARDANO LATEST

TUESDAY 24. MAY

 KEYS:

 • Are there changes in the weekly chart pattern?

 • Is present seasonal period strong or weak?

 • Are shorter term indicators strong or weak?

 • Stop loss - adjustments?

 • What about sitting on the sideline until next opportunity?

 

Month Start
Jan 1.37
Feb 1.08
Mar 0.96
Apr 1.17
May 0.78
June 0.54
July 0.45
Aug 0.50

 

ADA latest news (link).

The Cardano price

CARDANO SEASONALITY

The Cardano (ADA) seasonality chart compares this year to earlier years (only from 2018 of valid price history, which is a little short). Red signal market in a weaker seasonal period. Blue signal market in a stronger seasonal period.

CARDANO IN 2022 UPDATED 23. MAY
Seasonality - 39%
Cardano (ADA) - 62 %
Current Seasonality Weak to 20. July

 

Looking at seasonality could be very helpful to investing. It is showing you how pricees have behaved in certain timeframes n the past. Be aware of the present timing-point that could act inverse to historical price movements, and trigger / accellerate an already strong existing uptrend or downtrend. Always inhance stop loss at suitable individual levels. They are essential to outcomes. Read Disclaimer below.

CARDANO PRICE DEVELOPMENT

Daily closings of Cardano ( ADA ) in USD through the lens of strength and weakness.

CARDANO (ADA) MACD AND RSI

These are daily indicators only. There is no directly Cardano price action in this chart above. What you see are formulated MACD and RSI levels to signal strength / weakness for Cardano (ADA).

CARDANO DAILY QUOTE CHANGE

Daily price changes percent.

CARDANO THIS YEAR VS LAST YEAR

Cardano (ADA) for the current year vs last year.

CARDANO THIS YEAR VS 2 YRS AGO

Cardano (ADA) for the current year vs 2 years ago.

CARDANO THIS YEAR VS 3 YEARS AGO

Cardano (ADA) for the current year vs 3 years ago.

CARDANO WEEKLY ( LOOONGER PERSPECTIVE)

Average weekly trading range in 2022 as of after week 24: USD 0.216.

Each bar is derived from one week of trading activity (Monday through Sunday and updated thereafter).

After week 24, Cardano is again lower in conjuction with Ethereum and Bitcoin. This latest week saw a lower high with a lower low indicating lower prices to come. Trading above 0.56 again could be a reveral sign or pause to the present weakness. The weekly chart is updated at the end of 18. on Saturday.

After week 20, there is an inside Red bar on a weekly scale. There is a pause to the ongoing downtrend, and according to the chart no change to the current weakness unless "quickly" trading above 0.73 again. 

After week 18, chart updated after trading Saturday 07. May, there is a lower high on a weekly scale indicating continued weakness. Cardano is now trading close to former support and could thereby see a (shorter term) bounce. But Red is still weak.

After week 14, (chart updated post Saturday 09. April) markets are building a higher low for the third week in a row. Trading below USD 1.019 could question the current upswing. - And prove the bounce was only temporarily for the prolonged downtrend to resume.

After week 10, a new lower low with its lower high is seen on a weekly scale. Only trading above USD 0.93 could change the present bearish stance.

After week 09, there is an inside bar in the weekly chart. It's Red, and thereby somewhat pressuring to the downside. Upcoming trading activity above USD 1.0 could be a sign of the current downtrend ending. 

After week 06, pre Sunday 13. there is a higher high and a higher low. The shape of the latest bar is not convincing for higher prices to come (yet). Low was 1.03 and high 1.26.

After week 05, pre Sunday 06. the price of Cardano do see an inside bar on a weekly basis. Exceeding USD 1.18 could trigger renewed strength. Trades below USD 1 could trigger sharper downside. 

After week 03, there is an outside bar with a low at 0.91 and high at 1.64. An extreme span for a week. The only consolation in this regard, could be the seasonality low hitting the token January 21st.

CARDANO ( ADA ) MONTHLY CHART

The monthly tradingrange for Cardano in June USD 0.2.

May. 0.5, Apr. 0.5, Mar. 0.5, Feb. 0.5, Jan. 0.7.

Each bar is derived from one month of trading activity. Chart is updated after the end of the month.

CARDANO MONTHLY LAST 3 YRS

How Cardano (ADA) has performed each month over the last 3 years. All negative monthly performances in Red.

CARDANO MONTHLY PERCENTAGE CHANGE

How Cardano (ADA) performs each and every month from January 2017 - December 2021.

CARDANO MONTHLY #CARDANOMONTHLY

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2021 - Cardano was strong the first 2 months, fell in March and recovered in April and May. June and July was weak, August was strong. The last 4 months of the year teared heavily down.

CARDANO (ADA) IN 2021

Details from the last weeks of 2021.

Each bar is derived from one week of trading activity (Monday through Sunday).

After week 50, weakness prevails as there is clearly another Red bar containing a lower low and a lower high.

After week 49, there is another lower low and a lower high.

After week 48, the weekly scale shows a lower low and a lower high signalling further weakness. USD 1.84 was high of the week.

After week 47, a lower low and higher low appears again in the weekly chart signalling continued weakness unless week 48 sees prices well above USD 2 again. 

After week 46, there is a lower low and a lower high on the weekly scale. According to the chart, first sign of a turn-around to the upside is trading activity above USD 2.10.

After week 45, a higher high and a higher low is marked on the weekly time scale signalling potentially more strength than weekness going forward.

After week 44, an inside bar is produced on the weekly scale. In order to gain traction prices needs to trade above the USD 2.15 level to potentially regain blue bars.