ADAUSDT Price Analysis
Price of Cardano has moved by more than 50% since Jan 2023.
$0.4234 is currently acting as resistance. If price rejects this level we might see it moving down to its support level of $0.3293.
On a daily timeframe, we see price is above 21 & 50 EMA and RSI > 50 which shows bullish momentum in the price. If the bullish momentum continues and price breaks above $0.4234 level, we might see price moving to its next resistance level of $0.5237.
Note:
Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
$0.4234 is currently acting as resistance. If price rejects this level we might see it moving down to its support level of $0.3293.
On a daily timeframe, we see price is above 21 & 50 EMA and RSI > 50 which shows bullish momentum in the price. If the bullish momentum continues and price breaks above $0.4234 level, we might see price moving to its next resistance level of $0.5237.
Note:
Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.