Cardano is currently trading within a falling wedge pattern on the 3-day timeframe, a structure typically considered bullish. Price is hovering above a key support zone around the $0.60–$0.68 range, showing signs of accumulation.
Bullish divergence is visible on the RSI, indicating potential momentum shift. A confirmed breakout above the wedge resistance could trigger a strong rally, targeting the following levels:
• First target: $0.8388
• Second target: $1.0049
• Final target: $1.1853
If ADA fails to hold the support zone, downside risk remains toward the deeper support near $0.40. However, as long as price remains inside the wedge, the setup favors the bulls.
Bullish divergence is visible on the RSI, indicating potential momentum shift. A confirmed breakout above the wedge resistance could trigger a strong rally, targeting the following levels:
• First target: $0.8388
• Second target: $1.0049
• Final target: $1.1853
If ADA fails to hold the support zone, downside risk remains toward the deeper support near $0.40. However, as long as price remains inside the wedge, the setup favors the bulls.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.