Cardano Technical Forecast, Charts: ADA Price Prediction
Exchange Rates UK TV: Cardano’s current setup on the Ichimoku chart shows we’re poised to see a big move higher – watch out for this one to explode!
If you can’t view the video, please watch on Youtube.
Subscribe and watch forex and cryptocurrency technical analysis / forecast videos on our new channel: Exchange Rates UK TV
This week I’ve discussed that consolidation after a big move is a sign of strength – a pause before a resumption of the prior trend.
On Cardano’s daily chart, the Chikou/Lagging Span is in a position we’ve discussed that is key for a breakout in the Ichimoku system.
The RSI, CI, and %B all point to a sustained breakout if one does occur.
Prices at time of publication:
Cardano price in euros, ADA/EUR: 1.0145 (+0.0496, +5.15%)
Cardano in dollars, ADA/USD: 1.1966 (+0.0668, +5.9143%)