Cardano continues to hold its strong support at the $2.00 mark. We are still stuck between the range between $2.00-$2.32. Volume on the 4hr has also been decreasing, showcasing the potential for a break-out in the coming weeks/months. My upward target for ADA still remains at the $4.00 mark. That being said we could remain down in this range for the next few weeks.
Purchases down near the $2.00 mark are good entries for new hodlers and those still building out their bags.
*Note ADA is still dependant on the wider market movers, such as BTC. If BTC has a drastic increase over a short time span - other coins, ADA included will likely bleed. A slow increase or sideways movement of BTC will likely allow ADA and other Alts to have a little run.
Purchases down near the $2.00 mark are good entries for new hodlers and those still building out their bags.
*Note ADA is still dependant on the wider market movers, such as BTC. If BTC has a drastic increase over a short time span - other coins, ADA included will likely bleed. A slow increase or sideways movement of BTC will likely allow ADA and other Alts to have a little run.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.