• ADA/BTC is facing resistance at 1170 satoshis.
  • There is considerable bearish divergence on the daily RSI.
  • ADA/USD is trading between resistance and support at $0.105 and $0.072.
The Cardano (ADA) price has been increasing since the beginning of April. However, the upward move has begun to show signs of weakness, forewarning that a top might be within reach. Long-Term Outlook The ADA price was consolidating near 500 satoshis in the period from August 2019 to April 2020. The price initiated an upward move on April 28 and has been increasing at an accelerated rate
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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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