Cardano (ADA) Enters Strong Bear Trend, Price Unlikely To Break Above $0.11 Before September

2018-8-20 18:00

Cardano (ADA) is now down more than 90% since its all time high but that has not stopped it from entering a new bear trend. The price just broke below the 21 EMA on the 4H chart for ADA/USD above.

Having already broken below the 50 EMA, Cardano (ADA) was expected to find support at the 21 EMA but the price failed to hold its ground and broke below it. Furthermore, the 21 EMA has now become a strong resistance for Cardano (ADA) which means the RSI is likely to break out of the falling wedge at this point.

Continue reading Cardano (ADA) Enters Strong Bear Trend, Price Unlikely To Break Above $0. 11 Before September at Crypto Daily™.

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Cardano (ADA) на Currencies.ru

$ 0.26 (-0.38%)
Объем 24H $694.863m
Изменеия 24h: 6.27 %, 7d: 4.87 %
Cегодня L: $0.2461 - H: $0.2656
Капитализация $9.384b Rank 11
Цена в час новости $ 0.0986542 (163.55%)

ada cardano price ema above below trend

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