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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Rockalo on June 09, 2021, 07:38:02 PM

Title: Cardano Falls, Makes Lower Highs and Lower Lows, Targets $1.394
Post by: Rockalo on June 09, 2021, 07:38:02 PM

Cardano's (ADA) price slumped to a $1.402 low as the price immediately corrected upward. The ultimate price target of Cardano is to break the $1.80 overhead resistance level. Buyers are yet to break the overhead resistance since May 19.

In May, ADA/USD has been in a range-bound move below the overhead resistance. Presently, the upward correction is facing rejection at the $1.60 high. If the bulls fail to break into the previous highs, the downtrend will resume. ADA will fall to the previous low at $1.33. On the other hand, if the bulls succeed above the $1.60 resistance, a retest at $1.80 overhead resistance is likely. More information: please click here (https://coinidol.com/cardano-targets-1-394/)