Cardano : Price Analysis, March 16

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ADA/BTC

We expected Cardano to trade in a range, but prices turned down from 0.00002482 levels on March 14 and are now on its way towards the next lower target of 0.00001690.




ADA




It continues to be in a strong bear grip as the cryptocurrency has not even touched the 20-day EMA for more than a month.

The ADA/BTC pair will become positive once prices break out of the downtrend line and the 20-day EMA. Until then, all attempts to recover will face selling at the resistance.

1 Comment
  1. when can we be sure that cardano wont crash again

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