Cardano / Dollar may rise to 0.3582 - 0.3623

0.3443 is our pivot point.

Our preference

Rebound towards 0.3623.

Alternative scenario

Below 0.3443, expect 0.3375 and 0.3334.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.3506 and 0.3516).

Supports and resistances

0.3704 **

0.3664 *

0.3623 **

0.3582

0.3501 last

0.3470

0.3443 **

0.3375 *

0.3334 **

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