Cardano Price Eyes Impulse Move After Bearish RSI Divergence Was Invalidated, Here’s The Target

Q: How long will it take to read this news story?

The story "Cardano Price Eyes Impulse Move After Bearish RSI Divergence Was Invalidated, Here’s The Target" has 444 words across 63 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Cardano Price Eyes Impulse Move After Bearish RSI Divergence Was Invalidated, Here’s The Target" was covered 1 weeks ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 9 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26231132</li><li>URL: https://chronographically.beamstart.com/news/cardano-price-eyes-impulse-move-17398178737518</li></ul>

NewsBTC Logo NewsBTC 1w ago

Cardano Price Eyes Impulse Move After Bearish RSI Divergence Was Invalidated, Here’s The Target - NewsBTC

Quick Summary:

In his analysis, crypto analyst Melika Trader revealed how high ADA could rally following this bullish channel formation. Cardano Price Eyes Impulsive Move To The Upside In a TradingView post, Melika Trader predicted that the Cardano price could rally to between $0.90 and $0.94 as it eyes an impulsive move to the upside.

The chart also showed that ADA could then correct to as low as $1.2 before it reaches $3 on the Wave 5 impulsive move. Five Reasons Why ADA Can Reach $20 In This Market Cycle In an X post, crypto analyst Sebastian outlined five reasons the Cardano price could reach $20 in this market cycle.

Meanwhile, the crypto analyst also mentioned Cardano’s potential partnership with Microsoft and the US Treasury being built on the Cardano blockchain as the fourth and fifth reasons ADA could reach $20. At the time of writing, the Cardano price is trading at around $0.8, up over 3% in the last 24 hours, according to data from CoinMarketCap.