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CPI numbers are out! Markets ready to get back to the PARTY

Cardano / TetherUS (BINANCE:ADAUSDT)  
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BINANCE:ADAUSDT   Cardano / TetherUS
Trend Analysis Fundamental Analysis
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trendanalysis fundamental
CPI numbers are out, we saw 0.4% inflation which is a luke warm number. I'ts not a good number for crypto but it was already priced into the markets. We barely got a reaction and this paves the way for higher prices since this pretty much was the last negative catalyst for the rest of the year. We broke the downtrend a couple of days ago and now we are retesting the resistance line in ADA. If we see volatility we wont fall under 1.95 and i think we will see it climbing higher within days.
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