Cardano Cryptocurrency coin ( ADA) analysis

Cardano Cryptocurrency coin ( ADA) analysis


Cardano Cryptocurrency Coin( ADA ) is trading now in an uptrend Direction & completed our predicted target

 

The last analysis about Cardano (ADA) Cryptocurrency was our target to hit & exceed the area of $ 0.48500 to fly above the $ 0.52000 range

 

You can go here to read the previous article >> Cardano ( ADA) analysis >> 2 Feb 2021

 

At the moment it is trading at areas of $ 0.63730

 

Our Outlook of The Cardano cryptocurrency coin ( ADA ) we could see some of the correction areas to set new support areas after the great bullish that hit the new historical price at $ 0.66706 (new high price) in order to hit higher again

 

(ADA) is doing a great performance with a good daily volume which refer to hit new targets & many more relevant ranges.

 

As we know; an uptrend is following by a downtrend & vice versa

 

So, we never Forget to Trade wisely as we advise buyers to place a stop loss at the nearest support area as mentioned below, breaking these areas leads to another down support area

 

 

AS Shown in

The Chart Below

5c8e5670ed00a8ad798002cb7a1861de253e3e30a81939d33ca7d87da52b4f61.png

               

Prediction:

Target: create a good control volume area above $ 0.58500 to hit & exceed the area of $ 0.78500

The digital currency Cardano, in the case of breaking $ 0.56000 areas, may target levels of $ 0.45000.

 

Support & Resistance:

Support: $ 0.56000 - $ 0.45000

Resistance: $ 0.66706

 

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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