Cardano has held the $1.00 handle very well so far, but is under pressure from declining volume, a weak MACD, and a dominant Channel structure.
A rally up to $1.40 will confirm an end to the multi-month correction (ahead of BTC), while further weakness could see a replay of the January drop down toward the $0.78 level.
What do you think? Is the correction over, or is there still a few more days to go before we turn towards blue skies again?
A rally up to $1.40 will confirm an end to the multi-month correction (ahead of BTC), while further weakness could see a replay of the January drop down toward the $0.78 level.
What do you think? Is the correction over, or is there still a few more days to go before we turn towards blue skies again?
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