Cardano ADAUSD bouncing from the 21 weekly MA

12 באוק׳ 2020

The Cardano ADAUSD Weekly chart is looking bullish one more time. It has bounced from the 21 weekly MA and it has also respected the 0.1 dollars mark support as mentioned in one of my previous ideas. At the moment, the Cardano ADA chart is looking bullish. It is likely to retest the 0.17 dollars resistance, however, we might go sideways for a few days before getting there. If we break the 0.17 dollars resistance, it is likely to get to 0.20 dollars or higher in the short term.