Cardano / Dollar intraday: the downside prevails as long as 0.6870 is resistance

Our pivot point stands at 0.6870.

Our preference: the downside prevails as long as 0.6870 is resistance.

Alternative scenario: the upside breakout of 0.6870, would call for 0.7080 and 0.7206.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6856 and 0.7075).

Supports and resistances:

0.7206 **

0.7080 *

0.6870 **

0.6787

0.6701 last

0.6440

0.6315 **