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.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.