ADA managed to stop the downtrend, and the bulls pushed the price higher on the day that the protocol will see its Vasil upgrade go live.
Schlëssel Ënnerstëtzung Niveauen: $ 0.43, $ 0.38
Schlëssel Resistenz Niveauen: $ 0.50, $ 0.56
Buyers came in strong today and managed to turn the price action around above the key support at $0.43. If this bullish momentum continues, then ADA could increase towards $0.5, which is the current resistance. This would also be a sign that the downtrend is reversing.
technesch Indicateuren
Handelsvolumen: Volume picked up yesterday and closed in red, but today, this was quickly reversed, and buyers have the upper hand.
RSI: The daily RSI is approaching 50 points. If buyers manage to push it above, then the momentum may reverse in their favor.
MACD: Den alldeegleche MACD bleift bearish, awer den Histogramm mécht méi héich Tiefen, wat e fréi Zeechen vun enger méiglecher Réckgang am Downtrend ass.
Bias
D'Viraussetzung fir ADA ass neutral.
Kuerzfristeg Prognose fir ADA Präis
At this time, ADA has managed to put a stop to the downtrend, and buyers appear eager. This is a good sign, but bulls have to sustain the pressure if they are to be successful in breaking the $0.50 key resistance.
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Source: https://cryptopotato.com/ada-recovers-5-on-vasil-hard-fork-day-is-0-5-in-next-cardano-price-analysis/