Cardano short-term Price Analysis: 25 November

[sneakyboi]

Cardano short-term Price Analysis: 25 November

Cardano is currently manifesting its 2nd bullish leg for the year after its run in June 2020. Attaining a new $0.1835 yesterday, Cardano is currently on a minor decline on the short-term chart. While the collective market is still bullish, a little bit of neutrality is presenting itself on ADA’s market structure.



After consolidating under $0.11 for the past few weeks, ADA‘s market-rise in the month of November has been extremely explosive. However, after reaching $0.1835 yesterday, its price action has formed a symmetrical triangle. Such a pattern undergoes a breakout but the chances are evenly-split on both bullish and bearish trends.

Learn more about the news here.

[Rain075]

Cardano short-term Price Analysis: 25 November

Cardano is currently manifesting its 2nd bullish leg for the year after its run in June 2020. Attaining a new $0.1835 yesterday, Cardano is currently on a minor decline on the short-term chart. While the collective market is still bullish, a little bit of neutrality is presenting itself on ADA’s market structure.



After consolidating under $0.11 for the past few weeks, ADA‘s market-rise in the month of November has been extremely explosive. However, after reaching $0.1835 yesterday, its price action has formed a symmetrical triangle. Such a pattern undergoes a breakout but the chances are evenly-split on both bullish and bearish trends.

Learn more about the news here.

Yes we have seen that the price of this ADA coin has gone up with the growth of the market. I hope the market will be better but it will be better.  Today's price
Cardano (ADA)
$0.158232 -8.2%
0.00000840 BTC -6.7%