Our pivot point stands at 0.9268.
Our preference: the downside prevails as long as 0.9268 is resistance.
Alternative scenario: the upside breakout of 0.9268, would call for 0.9497 and 0.9634.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.9133 and 0.9147). Finally, the Cardano / Dollar is trading below its lower Bollinger band (standing at 0.9055).
Supports and resistances:
0.9634 **
0.9497 *
0.9268 **
0.9178
0.9042 last
0.8757
0.8622 **
0.8486 *
0.8351 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-24-2025 at 08:50 UTC+1
Price reference: 0.9042 last known on 08-24-2025 at 08:50 UTC+1
Investment horizon: INTRADAY
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