Connect with us

Hi, what are you looking for?

Oracle of  Omaha Says – Investing and Stock NewsOracle of  Omaha Says – Investing and Stock News

Economy

Solana and Cardano: Cardano up to 0.3250 level this morning

Solana and Cardano: Cardano up to 0.3250 level this morning

Solana’s price maintains above the 25.00 level and the EMA50 moving average.
Today’s high price of Cardana is 0.3250 level.

Solana chart analysis

Solana’s price maintains above the 25.00 level and the EMA50 moving average. Today’s resistance is at the 96.50 level, and we need to move above it if we want to see the continued growth of the Solana price. Potential higher targets are 27.00 and 28.00 levels.

We need a negative consolidation and a drop to the 25.00 support level for a bearish option. A break below would be considered the start of a decline to lower support levels. Potential lower targets are 24.00 and 23.00 levels. For now, we are sticking to staying on the bullish side with the support of the EMA50 moving average.

Cardano chart analysis

Today’s high price of Cardana is 0.3250 level. This morning, we managed to break above the EMA50 moving average and move from the 0.3000 level. Now, we see a new pullback and a test of the EMA50 and the 0.3100 level. We need positive consolidation and a break above the 0.3200 level. Then we need to try to stay up there and with the next impulse to start the continuation of the recovery. Potential higher targets are 0.3300 and 0.3400 levels.

We need a negative consolidation and pullback below the EMA50 and 0.3100 levels for a bearish option. After that, we expect to see a drop to the 0.3000 support level. A break below leads to the formation of a new lower low and confirms the bearish trend. Potential lower targets are 0.2900 and 0.2800 levels.

The post Solana and Cardano: Cardano up to 0.3250 level this morning appeared first on FinanceBrokerage.

Trending

You May Also Like

Latest News

A former Republican legislative candidate who traveled to Washington for former President Donald Trump’s ‘Stop the Steal’ rally was arrested Friday and charged with...

Stock

Even as U.S. inflation broadly cools, frozen vegetable prices are hot. The average shelf price for frozen veggies rose by 18% in the past year...

Latest News

Abbe Lowell, Hunter Biden’s attorney, filed an ethics complaint Friday against Georgia Rep. Marjorie Taylor Green after she displayed censured nude photos of the president’s...

Latest News

President Biden has overruled the Pentagon and chosen Adm. Lisa Franchetti to lead the Navy, making her the first woman, if she’s confirmed, to...

Disclaimer: Oracleofomahasays.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 Oracleofomahasays.com