Cardano is heavily oversold, as indicated by many indicators:
The RSI chart is in an oversold area (4H, 1H and 30m TFs)
BB indicator indicates oversold (4H TF)
On the 30m Timeframe the price and the RSI chart have formed a bullish divergence.
I expect the price to rise after it overcomes the indicated resistance level.
The RSI chart is in an oversold area (4H, 1H and 30m TFs)
BB indicator indicates oversold (4H TF)
On the 30m Timeframe the price and the RSI chart have formed a bullish divergence.
I expect the price to rise after it overcomes the indicated resistance level.
