Cardano / Dollar may rise to 0.4026 - 0.4064

Our pivot point stands at 0.3890.

Our preference

The upside prevails as long as 0.3890 is support.

Alternative scenario

Below 0.3890, expect 0.3827 and 0.3790.

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 0.3909 and 0.3857).

Supports and resistances

0.4139 **

0.4101 *

0.4064 **

0.4026

0.3940 last

0.3915

0.3890 **

0.3827 *

0.3790 **

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