Cardano’s pricing provides an entry point for a bullish breakthrough.
2 min readNov 8, 2021
--
The 55-day and 200-day SMAs are squeezing the Cardano price.
The RSI is moving out of oversold area on the ADA price, and buy-side volume is starting to go up.
As buy-side volume rises by the day, a bullish outbreak appears to be developing.
Cardano (ADA) is now trading in a range between the 55-day and 200-day Simple Moving Averages (SMAs). Bulls are slowly but steadily…
