⚠️Cardano (
$ADA ) Price Prediction🔥🔥: Uptrend Intact, But Overbought RSI Signals Caution 🥵📈
🔵Observations:
🟪Bullish short-term momentum: MA(7) > MA(25) and MA(99)
⬜Positive MACD: MACD line above signal line, increasing histogram bars
🟩Overbought RSI: 76.16, potential correction or consolidation
🟣Price Prediction:
🟦Short-term (next few days): $1.12-$1.15, with potential corrections
⬜Medium-term (weeks): $1.20 or higher, if momentum sustains and volume remains high
🔵Trading Strategy:
🔴Short-Term (1-3 Days)
🟣Buy: $1.08-$1.10 during dips
🔵Target: $1.12-$1.15
🔴Stop Loss: $1.05
🟪Medium-Term (1-2 Weeks)
⬜Buy: Pullbacks to $1.05-$1.07 (support)
⬜Target: $1.20-$1.25
⬜Stop Loss: $0.96 (MA(99) level)
🟩Breakout Play
🟣Buy: Break above $1.15 with strong volume
🟪Target: $1.20-$1.30
🟩Stop Loss: $1.12 (below breakout level)
🔴Caution:
🔵Monitor RSI, volume, and MACD for potential reversals.
🟦Stay disciplined with stop-losses and adjust as needed.
$ADA 🔴Stay Alert and Share your thoughts.
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