Picture of the author

Trading King

08/19 10:04

Cardano price prediction

Cardano price prediction

Buyers have maintained Cardano 

 above the $0.90 level but are struggling to push the price above the $1.02 resistance.
33939

Both moving averages are sloping up, indicating an advantage to buyers, but the negative divergence on the RSI suggests the upside momentum is slowing down. If the $0.90 support cracks, the ADA/USDT pair could slide to the 20-day EMA ($0.84). Buyers are expected to defend the 20-day EMA because a break below it may sink the Cardano price to the 50-day SMA ($0.75).

If the price rebounds off the 20-day EMA, it signals buying at lower levels. The bulls will then try to resume the up move by pushing the price above $1.02. If they do that, the pair could skyrocket to $1.17.

#HTX 12th-Anniversary Carnival#HTX community ✖ SUNPUMP Creator Championship#Claim1,200 USDT in the Monthly Creation Challenge
27Paylaş

Tüm Yorumlar0En yeniPopüler

avatar
En yeniPopüler