Cardano Cryptocurrency Coin( ADA ) is trading now in an uptrend Direction & continuing our predicted target
The last analysis about Cardano (ADA) Cryptocurrency was our target to hit & exceed the area of $ 0.40000 to fly above the $ 0.48500 range
You can go here to read the previous article >> Cardano ( ADA) analysis >> 17 Jan 2021
At the moment it is trading at areas of $ 0.43997
Our Outlook of The Cardano cryptocurrency coin ( ADA ) is continuing the great bullish after the new historical price that has been recording today at $ 0.45590 (new high price)
We have a good control volume of around $ 0.39750 which enables us to hit the targets & many more relevant ranges.
As we know; an uptrend is followed by a downtrend & vise versa
So, we never Forget to Trade wisely as we advise buyers to place a stop loss below $ 0.39725 areas, as breaking these prices leads to another down support area
AS Shown in
The Chart Below
Prediction:
Target: to hit & exceed the area of $ 0.48500 & fly to the $ 0.52000 range.
The digital currency Cardano, in the case of breaking $ 0.38800 areas, may target levels of $ 0.33850.
Support & Resistance:
Support: $ 0.38800 - $ 0.33850
Resistance: $ 0.45590
Important:
The result depends on our personal Vision which could be right or wrong
We analyze the past to predict the future.
