{"id":555485,"date":"2023-10-16T06:30:50","date_gmt":"2023-10-16T06:30:50","guid":{"rendered":"https:\/\/wncen.com\/?p=555485"},"modified":"2023-10-16T07:22:57","modified_gmt":"2023-10-16T07:22:57","slug":"cardano-yearly-support-the-key-to-a-20-price-breakout","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/","title":{"rendered":"Cardano Yearly Support: The Key To A 15% Price Breakout?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite the notable price swings, the asset&#8217;s price action has failed to commit to either a bullish or bearish trend, leaving market participants uncertain about the coin&#8217;s future.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A closer look at the daily chart reveals that this indecisive phase is gradually forming a symmetrical triangle pattern, potentially holding the key to forecasting the coin&#8217;s near-term trajectory.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As of the most recent data from <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/cardano\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">CoinGecko<\/span><\/a><span style=\"font-weight: 400\">, Cardano is trading at <\/span>0.251940<span style=\"font-weight: 400\">, reflecting a modest 0.3% increase over the past 24 hours, although it has experienced a seven-day loss of 2.7%. These minor fluctuations underscore the prevailing market uncertainty surrounding ADA&#8217;s price movement.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/trillions-in-shiba-inu-on-the-move-what-lies-ahead-for-the-meme-coin\/\" target=\"_blank\" rel=\"noopener \">Trillions In Shiba Inu On The Move: What Lies Ahead For The Meme Coin?<\/a><\/div>\n<h2><strong>Cardano Key Support: A Resilient Barrier<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">The significance of the $0.24 support level should not be underestimated, as it has acted as a formidable barrier against significant downward moves on three separate occasions in the past four months. <\/span><\/p>\n<p><span style=\"font-weight: 400\">According to a <\/span><a href=\"https:\/\/coingape.com\/markets\/cardano-price-prediction-as-yearly-support-set-20-rally\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">price report<\/span><\/a><span style=\"font-weight: 400\">, Cardano can maintain its position above this lower trendline, a moderate upswing towards the upper boundary of the triangle at approximately $0.258 could be in the cards, representing a potential gain of 5.5%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While the triangular pattern remains intact, ADA is expected to remain trapped in a sideways trend. However, should a decisive breakout occur above the triangle, it could ignite a robust 15% rally, setting its sights on the coveted $0.3 milestone.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/3wFdXqyR\/\" width=\"2475\" height=\"1179\"><\/p>\n<pre style=\"text-align: center\">ADA market cap nearing the $9 billion level. Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/u.today\/cardano-ada-price-analysis-for-october-15\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">separate report<\/span><\/a><span style=\"font-weight: 400\">, the outlook remains bearish if buyers fail to seize control of the market in the near future. Traders should brace themselves for a potential test of the $0.24 range in the coming days, adding to the prevailing uncertainty that has kept ADA investors on their toes.<\/span><\/p>\n<h2><strong>ADA&#8217;s Path Ahead<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Taking a midterm perspective, the immediate focus should shift to the nearest support level of $0.2380. Given the absence of any convincing reversal signals at this point, a further decline to $0.23 may be on the horizon. <\/span><\/p>\n<p><span style=\"font-weight: 400\">These developments suggest that Cardano is currently navigating a challenging period characterized by price indecision and market fluctuation.<\/span><\/p>\n<pre style=\"text-align: center\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-555490 size-medium\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-38.png?w=460&#038;resize=460%2C302\" alt=\"Cardano\" width=\"460\" height=\"302\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-38.png?w=659 659w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-38.png?w=460 460w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\">ADA seven-day price movement. Source: Coingecko<\/pre>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/dogecoin-under-pressure-doge-below-0-06\/\" target=\"_blank\" rel=\"noopener \">Dogecoin Under Pressure: Will Bearish Momentum Push Meme Coin Below $0.06?<\/a><\/div>\n<p><span style=\"font-weight: 400\">As Cardano continues to oscillate above the critical support level of $0.24 and grapples with a symmetrical triangle pattern, investors must remain vigilant and adapt to the evolving dynamics of this digital asset, as it inches towards a potential breakout or further testing of key support levels. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The path forward for ADA remains uncertain, but the market&#8217;s response to the ongoing price indecisiveness will undoubtedly provide valuable insights for traders and enthusiasts alike.<\/span><\/p>\n<p><em>(This site&#8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n<p><em><span style=\"font-weight: 400\">Featured image from Cointribune<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite the notable price swings, the asset&#8217;s price action has failed to commit to either a bullish or bearish trend, leaving market participants uncertain about the coin&#8217;s future.\u00a0 A closer look at the daily chart reveals that this indecisive phase is gradually forming a symmetrical triangle pattern, potentially holding the key to forecasting the coin&#8217;s near-term trajectory. As of the most recent data from CoinGecko, Cardano is trading at 0.251940, reflecting a modest 0.3% increase over the past 24 hours, although it has experienced a seven-day loss of 2.7%. These minor fluctuations underscore the prevailing market uncertainty surrounding ADA&#8217;s price movement. Related Reading: Trillions In Shiba Inu On The Move: What Lies Ahead For The Meme Coin? Cardano Key Support: A Resilient Barrier The significance of the $0.24 support level should not be underestimated, as it has acted as a formidable barrier against significant downward moves on three separate occasions in the past four months. According to a price report, Cardano can maintain its position above this lower trendline, a moderate upswing towards the upper boundary of the triangle at approximately $0.258 could be in the cards, representing a potential gain of 5.5%. While the triangular pattern remains intact, ADA is expected to remain trapped in a sideways trend. However, should a decisive breakout occur above the triangle, it could ignite a robust 15% rally, setting its sights on the coveted $0.3 milestone. ADA market cap nearing the $9 billion level. Chart: TradingView.com In a separate report, the outlook remains bearish if buyers fail to seize control of the market in the near future. Traders should brace themselves for a potential test of the $0.24 range in the coming days, adding to the prevailing uncertainty that has kept ADA investors on their toes. ADA&#8217;s Path Ahead Taking a midterm perspective, the immediate focus should shift to the nearest support level of $0.2380. Given the absence of any convincing reversal signals at this point, a further decline to $0.23 may be on the horizon. These developments suggest that Cardano is currently navigating a challenging period characterized by price indecision and market fluctuation. ADA seven-day price movement. Source: Coingecko Related Reading: Dogecoin Under Pressure: Will Bearish Momentum Push Meme Coin Below $0.06? As Cardano continues to oscillate above the critical support level of $0.24 and grapples with a symmetrical triangle pattern, investors must remain vigilant and adapt to the evolving dynamics of this digital asset, as it inches towards a potential breakout or further testing of key support levels. The path forward for ADA remains uncertain, but the market&#8217;s response to the ongoing price indecisiveness will undoubtedly provide valuable insights for traders and enthusiasts alike. (This site&#8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Cointribune<\/p>\n","protected":false},"author":557,"featured_media":555496,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[84005,142,1144,12332,8686,4735],"class_list":["post-555485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ada-price","tag-altcoins","tag-btcusd","tag-cardano","tag-ethusd","tag-price-action"],"acf":[],"yoast_head":"\n<title>Cardano Yearly Support: The Key To A 20% Price Breakout?<\/title>\n<meta name=\"description\" content=\"Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano Yearly Support: The Key To A 20% Price Breakout?\" \/>\n<meta property=\"og:description\" content=\"Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-16T06:30:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-16T07:22:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png\" \/>\n\t<meta property=\"og:image:width\" content=\"756\" \/>\n\t<meta property=\"og:image:height\" content=\"457\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Cardano Yearly Support: The Key To A 15% Price Breakout?\",\"datePublished\":\"2023-10-16T06:30:50+00:00\",\"dateModified\":\"2023-10-16T07:22:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/\"},\"wordCount\":478,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457\",\"keywords\":[\"ADA price\",\"altcoins\",\"btcusd\",\"Cardano\",\"ethusd\",\"Price action\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/\",\"url\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/\",\"name\":\"Cardano Yearly Support: The Key To A 20% Price Breakout?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457\",\"datePublished\":\"2023-10-16T06:30:50+00:00\",\"dateModified\":\"2023-10-16T07:22:57+00:00\",\"description\":\"Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457\",\"width\":756,\"height\":457,\"caption\":\"Cardano\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cardano Yearly Support: The Key To A 15% Price Breakout?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/wncen.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Cardano Yearly Support: The Key To A 20% Price Breakout?","description":"Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/","og_locale":"en_US","og_type":"article","og_title":"Cardano Yearly Support: The Key To A 20% Price Breakout?","og_description":"Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite","og_url":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-16T06:30:50+00:00","article_modified_time":"2023-10-16T07:22:57+00:00","og_image":[{"width":756,"height":457,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png","type":"image\/png"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/"},"author":{"name":"Christian Encila","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Cardano Yearly Support: The Key To A 15% Price Breakout?","datePublished":"2023-10-16T06:30:50+00:00","dateModified":"2023-10-16T07:22:57+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/"},"wordCount":478,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457","keywords":["ADA price","altcoins","btcusd","Cardano","ethusd","Price action"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/","url":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/","name":"Cardano Yearly Support: The Key To A 20% Price Breakout?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457","datePublished":"2023-10-16T06:30:50+00:00","dateModified":"2023-10-16T07:22:57+00:00","description":"Cardano (ADA) has remained perched above the critical annual support level of $0.24, a steadfast line of defense in the face of market volatility. Despite","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457","width":756,"height":457,"caption":"Cardano"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Cardano Yearly Support: The Key To A 15% Price Breakout?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano Yearly Support: The Key To A 15% Price Breakout?","url":"http:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/cardano-yearly-support-the-key-to-a-20-price-breakout\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada price","altcoins","btcusd","cardano","ethusd","price action"],"dateCreated":"2023-10-16T06:30:50Z","datePublished":"2023-10-16T06:30:50Z","dateModified":"2023-10-16T07:22:57Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano Yearly Support: The Key To A 15% Price Breakout?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/cardano-yearly-support-the-key-to-a-20-price-breakout\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/cardano-yearly-support-the-key-to-a-20-price-breakout\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-39.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-39.png?fit=756%2C457\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada price\",\"altcoins\",\"btcusd\",\"cardano\",\"ethusd\",\"price action\"],\"dateCreated\":\"2023-10-16T06:30:50Z\",\"datePublished\":\"2023-10-16T06:30:50Z\",\"dateModified\":\"2023-10-16T07:22:57Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-39.png?fit=756%2C457","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=555485"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/555496"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=555485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=555485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=555485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}