empty
 
 
04.10.2024 07:08 AM
Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Friday October 04, 2024.

This image is no longer relevant

If we look at the 4-hour chart of the Cardano cryptocurrency, it seems that there is a deviation between the price movement of the cryptocurrency and the Stochastic Oscillator indicator, which indicates a weakening of the strengthening momentum of Cardano so that in the near future as long as Cardano does not strengthen again to break through and close above the level of 0.39747, Cardano has the potential to weaken down to the level of 0.33409. If this level is successfully broken below, Cardano has the potential to continue its weakening to the level of 0.30275 as its main target and if the momentum and volatility support it, 0.28426 will be the next target to be targeted.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback