Cardano’s ADA Technical Analysis – Support Levels in Play – 01/01/19
Cardano’s ADA slid by 5.78% on Monday, reversing a 4.10% gain from Sunday, to end the day at $0.041944.A start of a day intraday high $0.044919 saw Cardano’s ADA fall well short of the day’s first major resistance level at $0.0458.Bearish through the day, Cardano’s ADA slid through the first major support level at $0.0422 to an intraday low $0.041104.The extended bearish trend remained intact, with Cardano’s ADA continuing to fall well short of the 23.6% FIB Retracement Level of $0.1125.
How to Buy Cardano’s ADA
Cardano’s ADA Price Resistance
Cardano’s ADA fell by 5.78% on Monday, reversing Sunday’s 4.1% gain, to end the day at $0.041944.
A bullish start to the day saw Cardano’s ADA rise to an intraday high $0.044919 before succumbing to pressure from the broader market, the day’s high coming up short of the first major resistance level at $0.0458.