ADA/USDT 1DAY UPDATE BY CRYPTO SANDERS

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Hello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS.

I have tried to bring the best possible outcome to this chart.

CHART ANALYSIS:- Cardano It bounced for the second consecutive session as the coin moved away from the recent support points.

After a low of $0.3783 on Friday, ADA/USD rose to a one-day high of $0.3902 to start the weekend.

After an unsuccessful breakout attempt, Cardano moved further away from the recent bottom at $0.3775.

Bulls rejected the breakout after the 14-day Relative Strength Index (RSI) bounced off a floor at 55.00.

The index is tracking traders at 56.96 with a potential target at 60.00.

Should they reach this destination, there are good chances that ADA will trade above $0.4000.

This is not a piece of financial advice.
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Penafian

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