17.01.202508:51 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Friday January 17, 2025.

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With the appearance of convergence and its price movement moving above the EMA 21 which has a slope that dives upwards on the 4-hour chart of the Cardano cryptocurrency, it has been confirmed that buyers currently dominate the cryptocurrency so that as long as there is no weakening correction that breaks through and closes below the level of 1.03481, this cryptocurrency will continue to strengthen to 1.17131 if the momentum of its strengthening and volatility are strong enough, the area level of 1.23266 - 1.28467 will be the next target to be targeted.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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