ADA: Dominance Jumps 8.49% on Bullish 4H Signals
ADA at $0.24 tests upper Bollinger resistance with RSI at 72.48 and MACD golden cross as dominance climbs 8.49%.
SourceAnalysis
ADA dominance climbed 8.49% as price action at $0.24 tightens the gap back into the top 10.
With price testing upper Bollinger resistance at $0.24 while RSI flashes overbought at 72.48, a healthy retracement to the 50-EMA support at $0.22 seems probable before further continuation. The MACD golden cross at 0.01 and EMA200 floor at $0.21 reinforce the bullish structure that has held through the last six months of consolidation.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.
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