Cardano on a rise
Hi guys, let's look at the current situaition on Cardano.
Cardano stays in a narrow range of 0.25-0.3 for the past couple weeks. it shows positive dinamics and slowly climbing to 0.3 resistance. Everything is indicateing that ADA at least will try to break this resistance but it might be fake breakout, so need to be careful.
If Bitcoin goes above 32k than we can expect Cardano breaking 0.3 resistance and going up to the next resistance at 0.35.
But mid-term I'm not so optimistic about Cardano. Even that at the moment price goes up and probably there will be breakout, I still think that we'll see Cardano under 0.25 mid-term.
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Cardano stays in a narrow range of 0.25-0.3 for the past couple weeks. it shows positive dinamics and slowly climbing to 0.3 resistance. Everything is indicateing that ADA at least will try to break this resistance but it might be fake breakout, so need to be careful.
If Bitcoin goes above 32k than we can expect Cardano breaking 0.3 resistance and going up to the next resistance at 0.35.
But mid-term I'm not so optimistic about Cardano. Even that at the moment price goes up and probably there will be breakout, I still think that we'll see Cardano under 0.25 mid-term.
If this post is useful to you, you can support me with like/boost and leave comments below.
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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.
✅ FYBIT exchange. I recommend. No KYC, available in all countries. fybit.com/Account/Register/OMNP5
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
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.