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Author Topic: Cardano Makes Positive Moves, but May Face Resistance at $1.40  (Read 1021 times)

Offline Rockalo

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Cardano (ADA) is making positive moves to previous highs. The crypto fell to the previous low at $1.01 and recovered above the current support. The altcoin rallied to $1.24 and back up after a pullback.

By all appearances, it is likely that ADA will retest the high of $1.40. On the upside, if the bullish momentum extends above $1.60 high, ADA will be in the bullish trend zone.

ADA/USD will be out of the downward correction. It is likely that Cardano will resume an upward momentum. However, the upside move is likely to face rejection at the $1.40 high. In previous price action, ADA was range-bound below resistance at $1.40 before it was breached. ADA /USD is trading at $1.275 at the time of writing. More information: please click here

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Re: Cardano Makes Positive Moves, but May Face Resistance at $1.40
« Reply #1 on: June 26, 2021, 09:25:16 AM »
ADA coins are currently gaining quite a bit of popularity in the cryptocurrency market.  Demand for this specialty has grown significantly as a result of recent corporate scandals.  At present, the price of coins in the market is improving.  Currently the price of ADA coins has improved by 1.25.  If this continues, the price may reach $ 2 in a few days.  Now its future looks very bright.

 

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