ADA shortly before reaching $ 0.30, can bulls save the day? (Cardano price analysis)
ADA shortly before reaching $ 0.30, can bulls save the day? (Cardano price analysis)
Cardano had no relief because the support was broken down at 35 cents. Since the buyers are absent, the price currently only has one direction.
Important support levels: $ 0.30
Important resistance level: 0.35 $
Ada quickly approaches key support at 30 cents. Bears have complete control over the price movement, which has been declining since mid -February. The current resistance is 35 cents and is probably not tested until the cryptocurrency finds support.
Diagram of Tradingview
trading volume: The steady sales volume pressed the price down almost every day. Buyers are currently nowhere to be seen.
rsi : The daily RSI is 34 points and could soon reach the oversized area at less than 30 points.
macd : The daily MacD decreases, with the sliding average falling further. There are no signs of a possible reversal.
Diagram of Tradingview
bias
The tendency for ada is declining.
Short-term forecast for the ADA Prize
The current price movement falls declining and it is important to see how the market will develop in the coming week after some important macroeconomic events.
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