Cardano / Dollar may rise to 0.3671 - 0.3713

Our pivot point stands at 0.3520.

Our preference

The upside prevails as long as 0.3520 is support.

Alternative scenario

Below 0.3520, expect 0.3449 and 0.3407.

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 0.3544 and 0.3541). Finally, the Cardano / Dollar has crossed above its upper Bollinger band (0.3579).

Supports and resistances

0.3798 **

0.3756 *

0.3713 **

0.3671

0.3584 last

0.3548

0.3520 **

0.3449 *

0.3407 **

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