Will Cardano Continue Growing? Multiple Scenarios Inside
Updated
Cardano (ADABTC) hit a low back in early August, almost 2.5 months ago.
After multiple attempts to close above EMA50 failed, ADABTC retraced. Now, it is moving back above EMA10 and challenging EMA50.
EMA50 right now is sitting at 0.00000488. A strong strong above this level with good volume can send the ADABTC pair flying (up).
The MACD is on the bullish side while the RSI remains strong... Additional details can be seen on the chart.
If you have any questions, feel free to use the comments section below.
Namaste.
After multiple attempts to close above EMA50 failed, ADABTC retraced. Now, it is moving back above EMA10 and challenging EMA50.
EMA50 right now is sitting at 0.00000488. A strong strong above this level with good volume can send the ADABTC pair flying (up).
The MACD is on the bullish side while the RSI remains strong... Additional details can be seen on the chart.
If you have any questions, feel free to use the comments section below.
Namaste.
Note
ADABTC can produce additional growth now that it is above multiple major resistance levels.
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