My price for ADA in April: 0.526
The ADA is still at 5, and its next resistance is at 0.4106, now with the week's volatility due to the payroll, it could go to its support at 0.3799, which is the median of the Bollinger bands.
Prognosis is good, as a very important news and which may increase interest in ADA is that EVM (Ethereum Virtual Machine) will be added to Cardano and it will become the largest EVM chain with fully operational staking rewards. Using Solidity's programming language, no new toolkit is required for Ethereum application developers to build on the Cardano blockchain. This is a positive element of development that can only increase interest in Cardano coins.
SUPPORTS AND RESISTANCES IN 1H:
Brackets: 0.3879 / 0.3788
Resistances: 0.4025 / 0.4100
RSI: Exhaustion of Buyer Forces
The ADA is still at 5, and its next resistance is at 0.4106, now with the week's volatility due to the payroll, it could go to its support at 0.3799, which is the median of the Bollinger bands.
Prognosis is good, as a very important news and which may increase interest in ADA is that EVM (Ethereum Virtual Machine) will be added to Cardano and it will become the largest EVM chain with fully operational staking rewards. Using Solidity's programming language, no new toolkit is required for Ethereum application developers to build on the Cardano blockchain. This is a positive element of development that can only increase interest in Cardano coins.
SUPPORTS AND RESISTANCES IN 1H:
Brackets: 0.3879 / 0.3788
Resistances: 0.4025 / 0.4100
RSI: Exhaustion of Buyer Forces