Cardano : Price Analysis, March 28

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ADA/BTC

We expect Cardano to remain range bound between 0.00001690 and 0.00002460 for the next few days.




ADA/BTC




The next leg of the down move will start if the ADA/BTC pair breaks below the supports. Still, it has low chances of happening.

On the upside, if the cryptocurrency breaks out of 0.00002460, it is likely to start a new uptrend. We recommend long positions once the breakout keeps on. The developing positive divergence on the RSI indicates that a rally is in the offing.

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