Cardano price prediction

$ADA  turned up from the 50-day SMA ($0.68) on Sunday, indicating demand at lower levels.

Both moving averages have flattened out, and the RSI is at the midpoint, indicating a balance between supply and demand. That could keep the ADA/USDT pair stuck between the moving averages for some time.

Sellers are likely to have other plans. They will strive to pull the price below the 50-day SMA. If they manage to do that, the pair could extend the pullback toward the solid support at $0.50. Buyers will have to push and maintain the price above the 20-day SMA to gain the upper hand. #Cardano