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Weekly forecast Cardano technical chart
Symbol ADAUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
DateJanuary 8, 2023 - 11:20
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 0.2955 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • A trough is formed in daily chart at 0.2390 on 12/30/2022, so more gains maximum to Major Resistance (0.2955) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 58.
Symbol Released Current Forecast
Cardano (ADAUSD) Sun, 14 Apr 2024
Cardano (ADAUSD) Sun, 7 Apr 2024
Cardano (ADAUSD) Sun, 31 Mar 2024
Cardano (ADAUSD) free Sun, 24 Mar 2024
Cardano (ADAUSD) free Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on ADAUSD.