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Why Cardano traders should bid adieu to a possible bullish week ahead
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Cardano has traded within a down-channel for a month now, with a solitary breakout rejected immediately at $2.37-resistance. Presently challenging the mid-line of its pattern, ADA needed to tackle its 20-SMA (red) in order to register a new high at the upper trendline.
However, weak readings on the RSI and Awesome Oscillator positioned ADA for another woeful week of trade. That is, if bears are able to restrict the price below the 78.6% Fibonacci level. At the time of writing, ADA traded at
Read more on ambcrypto.comAbout this in other media
Europe welcomes 4 new crypto-ETPs tracking Bitcoin, Ethereum, Cardano, etc. ambcrypto.com /3 years ago
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Cardano and Tron Fall as eToro Restricts Access for US Users cryptonews.com /3 years ago
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