Cardano Cryptocurrency coin ( ADA) analysis

Our Outlook of The Cardano cryptocurrency coin( ADA ) is trading now in a downtrend Direction after the last great bullish that was at $ 0.35530 (new high price) while the best old higher price was at $ 0.38850 >> 3/5/2018<< but there is a big difference between the old highest price and the newest one is volume
The old one achieved by $ 88.326 Million, and the newest one created by $ 453.120 Million, which shows us the market concerns & the numbers of buyers to reflect the importance of the cryptocurrencies' future, & what will happen soon.
At the moment it is trading at areas of $ 0.27574
This means we will see corrections areas to test and create the support areas in order to jump another higher range.
Otherwise, we don't recommend trading at the moment while we still need sufficient volume above the area of $ 0.30700

AS Shown in
The Chart Below

Prediction:
Target: to hit & exceed the area of $ 0.38850 to fly above the $ 0.40000 range.
The digital currency Cardano, in the case of breaking $ 0.25347 areas, may target levels of $ 0.20696.
Otherwise, we advise buyers to place a stop loss below $ 0.25000 areas.

Support & Resistance:
Support: $ 0.25347 - $ 0.20696
Resistance: $ 0.35530 - $ 0.38850

Important:
The result depends on our personal Vision which could be right or wrong
We analyze the past to predict the future.