Cardano : Price Analysis, March 23

15

ADA/BTC

Cardano did not trigger our buy levels of 0.000025. It turned down from 0.00002449 on March 21. We expect it to find buying support above the downtrend line, around the 0.00002 mark.




ADA




We continue to be bullish on the ADA/BTC pair, providing it breaks out and closes (UTC) above 0.000025. The target objective is 0.000035 and the stop loss can be kept just below the recent lows.

Critical supports on the downside are at 0.00002 and 0.00001690.

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