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Technical Analysis of Daily Price Movement of Cardano Cryptocurrency, Friday September 13, 2024.
Technical Analysis of Daily Price Movement of Cardano Cryptocurrency, Friday September 13, 2024.
Crypto-currencies
2024-09-13 03:37:00
Currently on the daily chart of the Cardano cryptocurrency, it appears that Sellers are still dominating, which can be seen from the Cardano price movement which is moving harmoniously within the Bearish Pitchfork and Bearish Channel and below its three EMAs, especially with the confirmation of the appearance of hidden deviations between the Cardano price movement which makes a Higher Low but on the contrary the RSI indicator (5) forms a Higher-High so that based on all these facts in the next few days as long as there is no correction above the level of 0.40064 Cardano will weaken to the level of 0.30275 and if the momentum and volatility support it, the level of 0.27520 will be the next target to be aimed for.
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