Our pivot point stands at 0.4283.
Our preference: the downside prevails as long as 0.4283 is resistance.
Alternative scenario: above 0.4283, look for 0.4414 and 0.4492.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.4299 and 0.4441). Finally, the Cardano / Dollar has penetrated its lower Bollinger band (0.4135).
Supports and resistances:
0.4492 **
0.4414 *
0.4283 **
0.4232
0.4112 last
0.3766
0.3693 **
0.3620 *
0.3547 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-21-2025 at 08:44 UTC+1
Price reference: 0.4112 last known on 11-21-2025 at 08:44 UTC+1
Investment horizon: INTRADAY
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