3 min readCARDONA (ADA/USD):
Cardona has experienced a remarkable surge in recent weeks, achieving an impressive 36% week-over-week gain. Currently, it is trading just below $0.80.
A closer analysis of the technicals reveals that we have broken above an internal descending trend line but are now trading within a key resistance zone near $0.80. The RSI indicator currently suggests that the price might be temporarily “overbought.” I will be closely monitoring these indicators to gauge how the market responds within this area of interest.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
