Hello, welcome to this ADA/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Cardano (ADA) surged to a six-week high in today’s session, as markets reacted to the latest University of Michigan consumer sentiment report.
Sentiment in the United States fell to a reading of 62 in March, from a final sum of 67 the month prior.
ADA/USD surged to a peak of $0.4025 earlier in today’s session, following a low of $0.3709 on Thursday.
This move saw Cardano climb to its strongest point since February 21, when the token reached a high of $0.4061.
Overall, the surge came as the 14-day relative strength index (RSI) moved beyond a ceiling at the 60.00 mark.
At the time of writing, the index is tracking at 63.67, which is close to the highest point of resistance at 64.00.
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