Cardano (ADA) price is holding strong against the current upward and downward movements of BTC. $2.00 still remains strong support for this asset. (4hr chart)
Long-term we are still waiting for the move towards the $3.90-$4.00 mark (falling wedge)
Short-term ADA seems to be consolidating within the range between $2.00 and $2.32 (next resistance zone). This range bound action could continue for the next few weeks with another test of the $2.00 support which would create a triple bottom scenario (a good entry for new entrants).
*Note a downward move could see us test the $1.85-$1.90 levels.
Long-term we are still waiting for the move towards the $3.90-$4.00 mark (falling wedge)
Short-term ADA seems to be consolidating within the range between $2.00 and $2.32 (next resistance zone). This range bound action could continue for the next few weeks with another test of the $2.00 support which would create a triple bottom scenario (a good entry for new entrants).
*Note a downward move could see us test the $1.85-$1.90 levels.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.