ADA shortly before reaching $ 0.30, can bulls save the day? (Cardano price analysis)

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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 Commercial volume: The steady sales volume pressed the price down almost every day. Buyers are currently nowhere to be seen. RSI: The daily RSI lies ...

Cardano hatte keine Erleichterung, da die Unterstützung bei 35 Cent nach unten durchbrochen wurde. Da die Käufer abwesend sind, hat der Preis derzeit nur eine Richtung. Wichtige Unterstützungsniveaus: 0,30 $ Wichtige Widerstandsniveaus: 0,35 $ ADA nähert sich schnell der Schlüsselunterstützung bei 30 Cent. Bären haben die vollständige Kontrolle über die Preisbewegung, die seit Mitte Februar rückläufig ist. Der aktuelle Widerstand liegt bei 35 Cent und wird wahrscheinlich nicht getestet, bis die Kryptowährung Unterstützung findet. Diagramm von TradingView Handelsvolumen: Das stetige Verkaufsvolumen hat den Preis fast täglich nach unten gedrückt. Käufer sind derzeit nirgendwo zu sehen. RSI: Der tägliche RSI liegt …
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 Commercial volume: The steady sales volume pressed the price down almost every day. Buyers are currently nowhere to be seen. RSI: The daily RSI lies ...

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.

Adausdt_2023-07_16-16-44 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.

Adausdt_2023-07_16-17-02 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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