Look for a breakout on Cardano once this consolidation pattern completes. ADA historically has extended periods of consolidation, followed by strong breakouts to the upside. Unless there's an event that causes fallout in the market, the general bullish market reversal should continue to drive the price up.
Komentar:
The consolidation broke down, but it looks like on a longer time frame ADA is nearing the tip of a large descending wedge. The roadmap update in a couple of days could be the impetus to a bullish breakout of the pattern