Technical analysis by DEinvestment about Symbol ADA: Buy recommendation (4/18/2023)

TL;DR SynopsisCardano price analysis reveals a bullish trend, with ADA/USD facing rejection at $0.4478.Support for ADA is present at $0.4296.Cardano price analysis is providing us with strong optimistic signs for the day. The bullish tide has been quite strong, as price levels have been growing at a regular and consistent rate. The price is currently at $0.4402, which is a significant victory for purchasers. More positive movement is predicted as support at $0.4296 is stabilized.]All in all, Cardano price research reveals that the currency has been able to make a strong rebound today and buyers have been successful in pushing prices over $11.4402. However, the bulls must watch for the resistance at $10.4478, which could pose a barrier to further gains. The strong bullish momentum suggests that Cardano's price may rise above the given level if buyers maintain market pressure.dm for more info