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Cardano Review: ADA / USD pair spinning out of control amid the listing of Binance



To date, Cardano (ADA) shows the best result among cryptocurrencies. Over the past 24 hours, the coin has grown by almost 11%, with most of the movement at the beginning of the Asian session. The ADA / USD pair added more than 50% a month against the background of positive fundamental changes. At the time of writing, ADA / USD is trading at $ 0.066.

The Hong Kong Stock Exchange Binance announced the upcoming listing of four new trading pairs with Cardano and NEO. The instruments are available for trading from March 27, 4:00 UTC, which means that Cardano and NEO can get additional support later in the day.

Earlier this month, the founders of Cardano announced a partnership with the International Association for Trusted Blockchain Application (INATBA).

It should be noted that the coin is restored from December 15. Over the past 3 months, the ADA / USD rate has grown by more than 75% and has become one of the growth leaders among the top 20 coins.

Local support is created by merging the recent low with the DMA50 (4 hours) at $ 0.0560, followed by the DMA50 (1D) at $ 0.0445 and the psychological level at $ 0.0400. On the other hand, resistance is seen at $ 0.0700.

What do you think about ADA cryptocurrency?  

  • bitcoinBitcoin (BTC) $ 39,076.00
  • ethereumEthereum (ETH) $ 2,880.12
  • cardanoCardano (ADA) $ 1.24
  • polkadotPolkadot (DOT) $ 22.49
  • chainlinkChainlink (LINK) $ 19.54
  • litecoinLitecoin (LTC) $ 125.05
  • bitcoin-cashBitcoin Cash (BCH) $ 344.11
  • stellarStellar (XLM) $ 0.227282