The TD Sequential indicator for Ada Coin price movement gave a purchase signal. Experienced analyst Ali Martinez stressed that the Altcoin price graph is “showing a potential recovery signs”. Meanwhile, the RSI indicator shows 27.88, which means that the island is currently being sold over the market.
The TD Sequential indicator gave a signal for Ada Coin!
According to popular crypto analyst Ali Martinez, Cardano (Ada Coin) is preparing to make important gains. Martinez, Cardano Blockchain’s local token for technical indicators, despite a 25 %price decrease in the last 30 days, he said. In addition, Martinez said that the daily candlestick graph for Ada/USDT in Binance is “showing signs of potential recovery”. Analyst said that the “TD Sequental indicator çıkmış is given a purchase signal for Altcoin, as the analyst offers strong entry points to investors.
The TD Sequential indicator is used to determine potential trend turns. The indicator indicates that the downward trend is exhausted by producing a purchase signal when the downward countdown reaches “9 .. The graph shows a red “9 ında in the last candle, showing that a possible reversal may be close. However, the graph also reveals that the price of the island tends to decline with multiple decrease candles. The long sub -wick in some new candles points to lower purchase pressure. In case of sufficient demand at the current support level, a recovery may occur.
Altcoin Price Analysis
According to CoinMarketcap data, Ada Coin is traded at $ 0,6941, despite the 45 %increase in the transaction volume of the crypto currency. On the other hand, the relative power index (RSI) for Altcoin points to 27.88. This confirms that the island token is overly sold. Since such levels often follow sharp price increases, this is a good entry position.
Meanwhile, the MACD indicator maintains a decline tendency for Altcoin. However, the density seems to be decreasing. The Macd Histogram is red, but the MACD line (blue) and the signal line (red) begin to approach the power of the rods.
The opinions and estimates in the article belong to the analyst and are not definitely investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
