ADA/USDT 1DAY UPDATE BY CRYPTO SANDERS
Hello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) was one of Friday’s notable gainers, as the token snapped a key resistance level.
ADA/USD rose by as much as 3% in today’s session, hitting an intraday high of 0.3777 as a result.
This rally resulted in the 10-day (red) moving average crossing over its 25-day (blue) counterpart.
Typically such an upwards crossover signals the start of a bull run, and it comes as the relative strength index (RSI) also rose considerably.
the index is tracking at 50.91, which is marginally below a resistance level of 52.00.
In the event this ceiling is broken, there is a strong chance that ADA will move toward the 0.3800 mark.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- Cardano (ADA) was one of Friday’s notable gainers, as the token snapped a key resistance level.
ADA/USD rose by as much as 3% in today’s session, hitting an intraday high of 0.3777 as a result.
This rally resulted in the 10-day (red) moving average crossing over its 25-day (blue) counterpart.
Typically such an upwards crossover signals the start of a bull run, and it comes as the relative strength index (RSI) also rose considerably.
the index is tracking at 50.91, which is marginally below a resistance level of 52.00.
In the event this ceiling is broken, there is a strong chance that ADA will move toward the 0.3800 mark.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
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.