Cardano Nearing Resistance – Temporary Top in Sight?
Cardano’s price is approaching a key resistance level at the neckline of the head-and-shoulders pattern that broke down back in April. I expect resistance here, especially given that the daily RSI has reached 80, a level that historically aligns with local tops. Additionally, we’re not seeing any higher lows—something essential for a healthier uptrend.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.