Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this important update on Cardano (ADA).
Let's get to the chart first. Currently, ADA is hovering at around $2.3 and there is a strong resistance here. If Cardano breaks and hold above this resistance by daily close then my next short term target is $2.7.
If we were not able to break this resistance then we see some pullback from here. So as of now i am just waiting for break this resistance and put my buy orders at $2-$2.2 and if we break this $2.3 resistance then i am buying some at retest.
Support:- $2
Resistance:- $2.3,$2.7 and $3
If you like this idea then do appreciate it with like and follow.
It really motivates me to work more and more.
Also, share your views about ADA in the comment section.
This isn't financial advice. DYOR before investing.
Thank you!