There are many reasons to be bullish ! Cardano's number of active addresses, which peaked at 250,000 in October, has now risen by 80 percent to over 400,000 ! As you can see in the weekly chart (left chart), the ADA price has reached its long-term uptrend and has reacted correctly to this trend line . The RSI indicator in the weekly time frame is also reacting to its uptrend line . In the daily chart (right chart) we can see the price reaction to the important Fibonacci 0.618 line . ADA from ATH has experienced about 50% price correction and these are enough reasons to be bullish !
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.