Analysis for 2020-05-24
Cardano (ADA) Cancellation of the variant of the growth of the quotations of Cardano will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.26, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ADA/USD stands with the breakdown of the upper limit of the model « Triangle» and closing above the level of 0.30. Cardano ADA/USD is trading at the level of 0.28. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Cardano.