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Adaanliysis

ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Cardano It bounced for the second consecutive session as the coin moved away from the recent support points. After a low of $0.3783 on Friday, ADA/USD rose to a one-day high of $0.3902 to start the weekend. After an unsuccessful breakout attempt, Cardano moved further away from the recent bottom at $0.3775. Bulls rejected the breakout after the 14-day Relative Strength Index (RSI) bounced off a floor at 55.00. The index is tracking traders at 56.96 with a potential target at 60.00. Should they reach this destination, there are good chances that ADA will trade above $0.4000. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
ADA/USD 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) hit an all-time low in today’s session, as sentiment in cryptocurrency markets remains bearish, following recent economic data. ADA/USD dropped to an intraday low of $0.2845 earlier in today’s session, less than a day after trading at $0.3026. Today’s sell-off comes as cardano fell for a third straight session, breaking out of a key support point in the process. Looking at the chart, the aforementioned floor is at the $0.3000 mark, which was broken once before, on November 21. The 14-day relative strength index (RSI) also moved below a floor of 35.50, and as of writing is tracking at 30.91. This is the lowest point the index has hit since October 22, with prices hitting a bottom of $0.3100 on that occasion. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:ADAUSD
by CryptoSanders9563
1