Cardano may rise to 0.6431 - 0.6542
Our pivot point is at 0.6023.
Our preference
The upside prevails as long as 0.6023 is support.
Alternative scenario
Below 0.6023, expect 0.5836 and 0.5726.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.6096 and 0.6160).
Supports and resistances
0.6765 **
0.6654 *
0.6542 **
0.6431
0.6178 last
0.6096
0.6023 **
0.5836 *
0.5726 **
