FX.co ★ Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Friday September 20, 2024.

With the appearance of the Bullish 123 pattern followed by several Bullish Ross Hook (RH) and the position above the EMA 21 which is also above the EMA 34 on the 30-minute chart, the Cardano cryptocurrency provides an indication that there is currently a strengthening momentum in the cryptocurrency so that in the near future Cardano will try to test and breaks above the level of 0.35551 if this level is successfully broken above then Cardano will continue its strengthening to 0.36401 as its main target and 0.37646 will be the next target if the momentum and volatility support it but with the appearance of a deviation between the Cardano price movement which forms a Higher Peak with the Awesome Oscillator indicator which on the contrary forms a Lower Peak then you have to be careful with the potential weakening correction that will occur but as long as the weakening correction does not broken below the level of 0.34843 then Cardano will continue its strengthening.

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