Ada bulls are gaining swing again, can you close over $ 0.42? (Cardano price analysis)

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Von: Krypto News Österreich

Cardano setzt seinen Aufwärtstrend fort, wenn auch zaghaft und mit geringer Volatilität. Wichtige Unterstützungsniveaus: 0,38 $ Wichtige Widerstandsniveaus: 0,42 $ Käufer sind ziemlich glücklich zu sehen, dass ADA es geschafft hat, 40 Cent zu erreichen. Der aktuellen Dynamik fehlt es jedoch an Überzeugungskraft. Der Schlüsselwiderstand ist nicht weit entfernt – bei 42 Cent, und der Preis hat nicht mehr viel Platz, bevor die Verkäufer zurückkehren könnten. Die Schlüsselunterstützung liegt bei 38 Cent. Diagramm von TradingView Handelsvolumen: Das gute Kaufvolumen in den letzten drei Tagen hat es ADA ermöglicht, höher zu steigen und 40 Cent zu erreichen. RSI: Der Tages-RSI liegt …
Cardano continues his upward trend, albeit timidly and with low volatility. Important support levels: $ 0.38 Important resistance level: $ 0.42 buyers are quite happy to see that ADA managed to reach 40 cents. However, the current dynamic lacks persuasiveness. The key resistance is not far away - at 42 cents, and the price no longer has much space before the sellers could return. The key support is 38 cents. Diagram of TradingView Commercial volume: The good buying volume In the past three days, ADA has made it possible to climb higher and reach 40 cents. RSI: The Tages-RSI lies ... (Symbolbild/KNAT)

Cardano continues his upward trend, albeit timidly and with low volatility.

Important support levels: 0.38 $

Important resistance level: 0.42 $

buyers are pretty happy to see that Ada managed to reach 40 cents. However, the current dynamic lacks persuasiveness. The key resistance is not far away - at 42 cents, and the price no longer has much space before the sellers could return. The key support is 38 cents.

Adausdt_2023-04-16-44 Diagram of Tradingview

trade volume: The good purchase volume in the last three days has made ADA possible to climb higher and reach 40 cents.

rsi : The day-RSI is 62 points and remains Bullish with higher highs.

macd : The daily MacD is bullish, but the histogram clearly shows a bearish divergence. This is a warning sign that the bullish momentum subsides.

Adausdt_2023-04-16-59 Diagram of Tradingview

bias

The tendency for ada is bullish.

Short-term forecast for the ADA Prize

ADA is expected to test the key resistance at 42 cents. If the buyers no longer collect strength on the way there, a cancellation is likely. This could lead this cryptocurrency into a pullback, similar to in February, when the price was rejected by the same level.

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