Cardano / Dollar may rise to 0.4136 - 0.4199

Our pivot point is at 0.3910.

Our preference

The upside prevails as long as 0.3910 is support.

Alternative scenario

Below 0.3910, expect 0.3806 and 0.3744.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3962 and 0.3928).

Supports and resistances

0.4323 **

0.4261 *

0.4199 **

0.4136

0.3992 last

0.3951

0.3910 **

0.3806 *

0.3744 **

Number of asterisks represents the strength of support and resistance levels.