CARDANO (ADA) $0.804841 The price has found strong support in the range of 0.67 to $ 0.80. Analysts emphasize that this level is an important resistance and support point in the past. Technical indicators give positive signals that the price can move upward. However, if this level is lost, withdrawals may be experienced in the island price.
0.67-0.80 dollars level in critical support location
According to the crypto money analyst Ali Martinez, the island price tested the $ 0.67–0.80 dollar band many times. Protection of this level can help increase the price by increasing the procurement pressure.
This support zone attracts the attention of buyers and ensures that the island is protected from larger decreases. If it is above this level, the probability of reaching the next resistance point of the price is strengthened. However, if the support level is lost, a withdrawal of around $ 0.54 may be seen.
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According to technical analyzes, Cardano’s price movements will be shaped depending on whether this level of support can be protected. It is recommended that investors closely follow this critical range.
Technical indicators point to the rise
Technical analyzes offer data supporting the expectation of short -term rise in Cardano price. The price tested at the 20 -day exponential moving average (EMA) level can gain momentum for a rise -oriented movement.
The MACD indicator reveals a positive look by watching on the signal line. At the same time, the fact that the Parabolic SAR is below the price shows that the procurement pressure is strengthened.
According to the assessment made by Gok 3 AI, Cardano’s unforgettable structure supports the long -term rise potential. Artificial intelligence analysis does not ignore the possibility of reaching the range of $ 5-6 in the coming period.
If the current positive signals of technical indicators continue, the island price may exceed $ 0.80 and progress to higher resistance points. However, investors are advised to act carefully in the crypto currency market considering the volatility.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
