ADA/USD bull run continues and continues establishing new 2020-highs. Cardano IOHK has partnered with Wave Financial Group to set up a development fund of $20 million. Cardano continues with its bull run setting yet another 2020-high after getting rejected at $0.096 on July 2. ADA/USD was in consolidation mode after a massive move to $0.097 from $0.082 on the same day. The pullback didn’t last long and Cardano is back into bullish mode setting new highs again. ADA/USD daily chart Clearly the digital asset is in a strong uptrend, but will probably need to consolidate again considering that the daily RSI is quite overextended. Bulls can use the 12-EMA and the 26-EMA as support. Anything above $0.074 is just a higher low and a possible continuation of the current uptrend. ADA/USD 4-hour chart The 4-hour chart uptrend shows the bulls defending the 12-EMA before the key breakouts. Currently, ADA was rejected from $0.102 but the bears are not seeing a lot of continuation just yet. The 12-EMA at $0.094 will serve as support again if the pullback is extended. Anything above $0.087 is a higher low. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next XAU/USD: The key for gold are yields, not USD – HSCB FX Street 3 years ADA/USD bull run continues and continues establishing new 2020-highs. Cardano IOHK has partnered with Wave Financial Group to set up a development fund of $20 million. Cardano continues with its bull run setting yet another 2020-high after getting rejected at $0.096 on July 2. ADA/USD was in consolidation mode after a massive move to $0.097 from $0.082 on the same day. The pullback didn’t last long and Cardano is back into bullish mode setting new highs again. ADA/USD daily chart Clearly the digital asset is in a strong uptrend, but will probably need to consolidate again considering that the daily… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
