seach-icon
  • user-img

    QONEQT in Cardano

    22-Nov-2022 01:28 PM


    thumbnail

    Price analysis 11/21: ADA

    The bears pulled the price below the immediate support at $0.31 on Nov. 21 opening the doors for a possible drop to the support line.
    A minor positive for the bulls is that the RSI is forming a bullish divergence.
    This suggests that the bearish momentum could be waning.
    The ADA/USDT pair could attempt a recovery from the support line, which is likely to hit a wall at the 20-day EMA ($0.34).
    If the price turns down from this level, it will suggest that bears continue to sell on rallies.
    That could result in a retest of the support line.

    Source - Cointelegraph