ADA finally found good support at 30 cents from where the bulls managed to turn the momentum in their favor. This show of strength has turned the chart bullish, which could see ADA move higher later this week. If buyers break the resistance at 35 cents, this cryptocurrency could target 38 cents next. Buyers need to keep the pressure up to protect their most recent gains. This is a significant change in the momentum and may signal the start of a sustained reversal. The bias for ADA is bullish. With this latest bounce off support, ADA has turned bullish based on the momentum indicators.
Source: Duo Nine, 2023-03-16; https://cryptopotato.com/ada-surges-15-off-critical-support-heres-the-next-target-cardano-price-analysis/