Cardano Price Successfully Retests Its Important Support Level!
The ADA price has added 7.26% to its portfolio in 24 hours with a trading volume of $2.279 billion, a change of -10.89%. Despite recording a correction of 5.61% over the last seven days, this altcoin has surged over 100% in 30 days.
The Relative Strength Index (RSI) has successfully retested its neutral point and has recorded a sharp rise toward the overbought range in the daily time frame. Furthermore, the average trendline trades around the upper limit, highlighting a strong bullish price action.
On the other hand, the Moving Average Convergence Divergence (MACD) shows a rising red histogram in the Cardano price chart. With its averages recording a significant downtrend, this altcoin hints at a mixed-price sentiment this week.
