CARDANO ANALYSIS ADA/USD Cardano (ADA) has dropped to the support of the $1.0683 to $1.2303 range. This is an important level to keep an eye on, hence the bulls are likely to defend it aggressively. If the price rebounds off this level, the altcoin may consolidate in the range for a few more days. A break above or below the range could start the next trending move. The flat 20-day EMA ($1.09) and the RSI near the midpoint suggest equal opportunities to the bulls and the bears. If the price rises from the current levels and breaks above $1.2303, it will suggest the bulls have the upper hand. That could result in a rally to $1.35 and then $1.4852. On the other hand, if the bears sink and sustain the price below $1.0683, the ADA/USD pair could drop to the 50-day SMA ($0.831). Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #cardanocoins #cardanocoin #cardano #adacardano #adacoin #ada #altcoinarmy #altcoindaily #altcoin #altcoingenius #altcoininvesting #altcoingenius #altcoinnews #altcointrader #altcoinnews https://www.instagram.com/p/CMV_vO0Bpli/?igshid=d9znajrv5vo7
