Cardano Price flashes Bikala signal as an MDIA indicator

Cardano price is slowly forming a popular bikovski pattern, which indicates a strong bull of burglary in the next few months or weeks.

Cardano (Ada) The popular investment coins remain in the market of bears after mitigation for almost 50% from its highest levels in November.

However, some data on chain and technical indicators point to a strong bulloble burglary in the coming weeks or months.

Santiment data show that the middle invested age or MDIA continued to increase in the last few months. The 180-day MDIA indicator jumped at 10.68, above minus 3.2 in February.

Similarly, the two-year MDIA indicator jumped to 103, above from a low of 94 years. This is a popular indicator that has historically accompanied the main jumps. Follow the average age of each dollar invested in a coin.

In particular, the indicator looks whether the older and steady banknotes are circulating their tokens on the market. The MDIA growth indicator is often considered to be a bakery sound, while the falling one shows that they sell their coins.

Cardano, like other cryptocurries, fell over the last few months. This decline is partly due to taking profits by some traders after powerful performance in the fourth quarter.

It is also due to the current fear of the President Tariff Donald Trump.

Cardano price Technical analysis

The daily shows that the ADA price was in slow trend in the last few months. She fell from $ 1,308 in December to $ 0.70, because it formed a series of lower and lower high and lower high funds.

Recently, the coin formed a bear pattern to the stop that contains a vertical line and a symmetrical triangle. This form usually leads to strong bears.

On the positive side, the coin formed a decline in samples to spread the wedge. This form contains two descending and spreading trends.

In most cases, it often leads to strong Bullish.

Therefore, it is the most likely scenario where the Bear Flag drives the slump on the underside of the wedge to $ 0.555, and then continues the Usttrend. Union can be seen at a psychological point of $ 1, and then last year’s high of $ 1.32, more than 90% from the current level.