Cardano / Dollar may rise to 0.3493 - 0.3533

Our pivot point stands at 0.3340.

Our preference

The upside prevails as long as 0.3340 is support.

Alternative scenario

Below 0.3340, expect 0.3272 and 0.3232.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3368 and 0.3375). Finally, the Cardano / Dollar has crossed above its upper Bollinger band (0.3410).

Supports and resistances

0.3614 **

0.3574 *

0.3533 **

0.3493

0.3413 last

0.3366

0.3340 **

0.3272 *

0.3232 **

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