Hello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) ended a four-session losing streak on Monday.
After a low of 0.3573 on Sunday, ADA/USD rose by 2% today, reaching a high of 0.3732.
Today's price rebounded as the bulls rejected the breakout of a floor at the 0.3570 mark.
This coincided with consolidation at an important support point of the RSI, with price strength moving away from the 40.00 mark.
The index is now tracking at 44.29, with a higher range of 49.00 a potential target for the ADA bulls.
If this area is reached, there are relatively good chances that Cardano will trade above $0.3800.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- Cardano (ADA) ended a four-session losing streak on Monday.
After a low of 0.3573 on Sunday, ADA/USD rose by 2% today, reaching a high of 0.3732.
Today's price rebounded as the bulls rejected the breakout of a floor at the 0.3570 mark.
This coincided with consolidation at an important support point of the RSI, with price strength moving away from the 40.00 mark.
The index is now tracking at 44.29, with a higher range of 49.00 a potential target for the ADA bulls.
If this area is reached, there are relatively good chances that Cardano will trade above $0.3800.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
