Daily analysis(TA): Cardano ADA Make A Big Downside What's Next?

in hive-108451 •  4 years ago  (edited)

Daily analysis(TA): Cardano ADA Make A Big Downside What's Next?

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The main support is forming near (0.82400$-78600$) Area, If ADA Make a Breakdown it might lead the price towards (0.72400$-0.71500$) support Area.
The new resistance is the (0.95700$-0.99050$) levels, if ADA submit this resistance levels it will be able to scale into a next resistance Area (1.02350$-1.07000$) IF ADA hit this second resistance Area it will be able to scale into (1.14650$-1.16640$) Resistance Levels.

Hourly MACD – The MACD is in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for ADA/USDt is below the 30level.

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