Hello fellow traders
I'm bullish short term on crypto market sentiment. So here is just a target price I'm looking at for Cardano around 63 cents. As you can see in the past history of the RSI and MFI, price might reverse at these levels. I believe we are in a accumulation or demand zone looking to make a move higher. Overall outlook is still bearish unless Bitcoin shows more volume and increasing price action to turn this tide. Just my two satoshis!
I'm bullish short term on crypto market sentiment. So here is just a target price I'm looking at for Cardano around 63 cents. As you can see in the past history of the RSI and MFI, price might reverse at these levels. I believe we are in a accumulation or demand zone looking to make a move higher. Overall outlook is still bearish unless Bitcoin shows more volume and increasing price action to turn this tide. Just my two satoshis!