Summary
The MACD line is above the signal line, which is a bullish sign. The 12 day EMA is above the 26 day EMA, which is a bullish sign. Resistance 1: 0.0427, Resistance 2: 0.0429, Resistance 3: 0.0431, Support 1: 0.0421, Support 2: 0.0419, Support 3: 0.0417.
Pivots
Cardano is trading below yesterday’s pivot at 0.0424. Prices could therefore drop down to the first and second support levels at 0.0421 0.0419.
MACD
As a bullish sign, the MACD went above the signal line. A strong uptrend then is therefore expected.
RSI
RSI seems to be going with the trend at 53.6. Some analysts would consider this value a buy signal. The strong momentum may also help push the price over the resistance area.
ATR
For measuring volatility the Average True Range (ATR) is often used. Using the ATR, one can validate the importance of price movements. A bearish support break with an increase in ATR would show strong selling pressure and reinforce the support break.
Prediction
Pivot points can also be used to calculate prices moving forward. Prices for tomorrow: high, 0.0423, low, 0.0418.