CardanoUpdated ADAUSD Update
Price is in a deciding range over the next couple of days, we've seen a pullback after testing the Pivot Line and now we're likely to test our support structure around $2.00, if this holds we will see a retest of both our Pivot and Resistance lines. Good luck!
Note
Cardano (ADA) is currently testing the 2$ support structure, I expect a bounce here, however I believe it's up to how BTC preforms in the next 24 hours, if we break this structure, our nearest support is $1.88, and past that it's $1.50. Our nearest resistance lies around $2.28. Best of luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.