Cardano / Dollar may rise to 0.3578 - 0.3619

Our pivot point is at 0.3427.

Our preference

Rise to 0.3619.

Alternative scenario

Below 0.3427, expect 0.3359 and 0.3318.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading under its 20 period moving average (0.3484) but above its 50 period moving average (0.3468).

Supports and resistances

0.3700 **

0.3659 *

0.3619 **

0.3578

0.3484 last

0.3453

0.3427 **

0.3359 *

0.3318 **

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