📊 Analysis and Follow-up of Currency $ADA (Cardano) ⚡️
Entry from the current price: 0.37
🎯 First target: 0.42
🎯 Second target: 0.46
🎯 Third target: 0.52
⛔ Stop loss: 0.34
Let’s talk a bit about the currency
Cardano is one of the strong projects in the market, based on developing blockchain in a scientific and academic way, focusing on security, scalability, and smart contracts. The currency has a long history in the market and is always one of the options that investors monitor in the medium and long term.
Technical indicators
RSI indicator is close to oversold areas and has started to give rebound signals
MACD indicator shows weakness in the downward momentum and the possibility of positive crossover
The moving averages indicator shows the price is close to them and is trying to stabilize above them
📌 Advice
Entry should be gradual and capital management is more important than any target, do not enter all the liquidity at once.
⚠️ Warning
The analysis is a personal effort and not a direct recommendation to buy or sell, the market is volatile and you are responsible for your decision
