ADA price action about to break out

3 בנוב׳ 2022

According to the weekly ADA USD chart as well as the weekly RSI, the ADA price action is about to break out the descending support in yellow. As can be seen in the weekly RSI, the descending support has already been broken but still the ADA price action above, needs to follow this existing RSI break out. Looking bullish in the long term as long as Cardano continues with better fundamentals and more dapps to be deployed.

6 בנוב׳ 2022

הערה

I meant descending resistance in yellow.