Cardano (ADA) Price Analysis: Trends of August 10 — 16, 2018)

Оригинал: https://www.coinspeaker.com/2018/08/10/cardano-ada-price-analysis-trends-of-august-10-16-2018/

The Long‐term trend of ADA remained bearish throughout last week; things are much oversold in the market, and that signals a possibility of a reversal.

The Long‐term trend of ADA remained bearish throughout last week. Previously, there was an attempt to break the resistance level at $0.170, but some vivid opposition from bears halted the bullish attempt. The 50‐day EMA remains above the 10‐day EMA and ADAUSD remains below the 10‐day EMA. This is a bear market.

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