Top.Mail.Ru
empty
 
 
20.02.2026 08:12 AM
Cardano has the potential to weaken toward its nearest support level today

[Cardano]

Although RSI(14) condition is in the Neutral-Bullish level, but with both EMAs which still forming a Death Cross intersection, Cardano is likely to continue its weakness toward the nearest support level.

Key Levels

1. Resistance. 2 : 0.28150

2. Resistance. 1 : 0.27643

3. Pivot : 0.27135

4. Support. 1 : 0.26628

5. Support. 2 : 0.26120

Tactical Scenario

Pressure Zone: If the price breaks down and closes below 0.27135, there is potential pressure toward 0.26628.

Momentum Extension Bias: If 0.26628 is broken, there is a quite big opportunity that this cryptocurrency will continue its weakening to 0.26120.

Invalidation Level / Bias Revision

The downside bias is restrained if the price strengthens and breaks above 0.28150.

Technical Summary

EMA(50) : 0.27282

EMA(200): 0.27665

RSI(14) : 57.04

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - Advance GDP q/q - 20:30 WIB

US - Core PCE Price Index m/m - 20:30 WIB

US - Advance GDP Price Index q/q - 20:30 WIB

US - Personal Income m/m - 20:30 WIB

US - Personal Spending m/m - 20:30 WIB

US - Flash Manufacturing PMI - 21:45 WIB

US - Flash Services PMI - 21:45 WIB

US - New Home Sales - 22:00 WIB

US - Revised UoM Consumer Sentimen - 22:00 WIB

US - Revised UoM Inflation Expectations - 22:00 WIB

This image is no longer relevant

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback