|$ADA Price Change|
Emurgo delivers on its ambitious roadmap💪
All in a single quarter, we delivered
– Trezor integration
– Mobile clients
– Firefox support
– Multi-language support
— Sebastien Guillemot (@SebastienGllmt) December 31, 2018
The Cardano weekly trend is up.
[Trend is "up" when the weekly price movement is predominantly upwards.]
Real Time Market Depth
[The real time market depth is a fractional representation of the order book, used to assist in determining market direction.]
Tap / click to zoom:
Up 5.00% in 24 hours, and up 20.18% in a week are strong bullish numbers hard to replicate in today’s bearish leaning altcoin market.
Good news of Trezor integration, Mobile clients, Firefox support, and Multi-language support may continue to favorably influence $ADA.
Moving Average Convergence Divergence (MACD)
The MACD on the six hour chart is bullish. The last five consecutive 6 hour sessions have all been bullish.
Exponential Moving Averages (EMA)
The short term EMA(7) is above both the medium and long term EMA. The angle is sloping upwards. This is a bullish state.
Relative Strength Index (RSI)
The Relative Strength Index on the six hour chart is 59.1. This is a neutral state.
All of the one, two, four, six, twelve hour and daily charts print neutral RSI.
Bitcoin $BTC Price Modifier
The 24 hour Bitcoin $BTC change is 1.74%. This may exert a neutral influence on Cardano today.
Cardano $ADA Price Outlook
- the Cardano $ADA price outlook is bullish
- if the price finds acceptance at higher levels the major resistance prints at .04899 (Dec 23)
- if the price finds acceptance at lower levels the major support prints at .039
Analysis Duration: twelve hours
This report is for a short term duration of twelve hours. Analysis is time sensitive.
The author does not hold Cardano $ADA at the time of writing.
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