Cardano : Price Analysis, March 02



Cardano has declined close to our target objective of 0.00002460. The price continues to trade below both the moving average and the downtrend line; this is a bearish sign.


We expect a small bounce from the 0.0000246 levels, but the bounce is likely to face stiff resistance at the 20-day EMA and the downtrend line.

We may turn positive on the ADA/BTC pair only after it breaks out of the 0.00004070 levels.

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.