Cardano / Dollar intraday: the downside prevails as long as 0.6453 is resistance

0.6453 is our pivot point.

Our preference: the downside prevails as long as 0.6453 is resistance.

Alternative scenario: the upside breakout of 0.6453, would call for 0.6613 and 0.6709.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.6330 and 0.6334).

Supports and resistances:

0.6709 **

0.6613 *

0.6453 **

0.6390

0.6324 last

0.6127

0.6032 **