Ixabiso leCardano: Ukunyuka koxinzelelo lweBearish, Ukuqhekeka Kucingelwa kwiNqanaba le-1.87 yeedola

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Uhlalutyo lwamaxabiso e-ADA-Novemba 16

In case the bears successfully break down the support level of $1.87 and the daily candle close below it, then the support level of $1.64 and $1.46 may be tested. When the support level of $1.87 holds, price may break out at the resistance level of $2.30 and face the resistance levels of $2.30 and $3.0.

Intengiso yeADA / USD

Amanqanaba aphambili:

Amanqanaba okumelana: $ 2.30, $ 2.68, $ 3.0

Amanqanaba enkxaso: $ 1.87, $ 1.64, $ 1.46

I-ADA / i-USD yexesha elide iTrendar: Bearish

Cardano is bearish in the long term outlook. The coin continuing experience low volatility and the price ranging within $2.30 and $1.87 levels. The momentum of bulls increased to break up the resistance level of $2.30 but the bears defended the mentioned level with the formation of big daily bearish candle. At the moment, sellers are exerting more pressure on the support level of $1.87, bearish breakout envisaged.

At the moment, the price is trading below the two EMAs with the 9 periods EMA trying to cross the 21 periods EMA to establish a bearish market. Cardano market is awaiting a breakout. In case the bears successfully break down the support level of $1.87 and the daily candle close below it, then the support level of $1.64 and $1.46 may be tested. When the support level of $1.87 holds, price may break out at the resistance level of $2.30 and face the resistance levels of $2.30 and $3.0.

I-ADA / i-USD yeXesha eliPhakathi lokuHamba: UkuHamba

Cardano is on the ranging movement in the 4-hour chart. Buyers tried to break up the resistance level of $2.30 on November 09 but the mentioned level holds and the price returned to the ranging zone. Today, the sellers gain more pressure and it breaks down the support level of $1.87. Should the sellers sustain the breakout, then, the price may decrease further.

Ixabiso le-ADA lirhweba ngaphantsi kwee-EMA ezimbini njengamaxesha ali-9 i-EMA yawela ngaphantsi kwamaxesha angama-21 e-EMA. Ixesha le-Relative Strength Index 14 likumanqanaba angama-20 abonisa uphawu olunamandla lwe-bearish.

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