Cardano Cryptocurrency Coin( ADA ) is trading now in an uptrend Direction
The last analysis about Cardano (ADA) Cryptocurrency was our target to hit & exceed the area of $ 0.38850 to fly above the $ 0.40000 range
You can go here to read the previous article >> Cardano ( ADA) analysis >> 8 Jan 2021
At the moment it is trading at areas of $ 0.36549
Our Outlook of The Cardano cryptocurrency coin ( ADA ) is preparing now to continue the great bullish after the new historical has been recording today at $ 0.38880 (new high price) while the best old higher price was at $ 0.38850 >> 3/5/2018
We have a good control volume of around $ 0.32700 which enables us to hit the targets & many more relevant ranges.
Also means we will see new correction areas to test and create the support areas in order to jump another higher range.
Otherwise, we don't recommend trading at the moment while we still need sufficient volume above the area of $ 0.31500
AS Shown in
The Chart Below
Prediction:
Target: to hit & exceed the area of $ 0.40000 & fly to the $ 0.48500 range.
The digital currency Cardano, in the case of breaking $ 0.32455 areas, may target levels of $ 0.26280.
Otherwise, we advise buyers to place a stop loss below $ 0.25000 area.
Support & Resistance:
Support: $ 0.32455 - $ 0.26280
Resistance: $ 0.38888
