3 min readCARDONA (ADA/USD):
Cardona has experienced impressive upward momentum over the past few days, with the price now trading above $0.44 and showing no signs of slowing down.
Looking more closely at the technicals, we can see that the price is currently trading within an internal resistance zone. If we manage to break above this level and hold it as support, I’ll be watching closely to see how the price moves toward other higher timeframe areas of interest. At the moment, the RSI indicator is signalling that the market may be “overbought.”
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