ADA: The Rally Awaits!
Hello traders, I hope you're all doing well.
Here's a technical analysis of Cardano (ADA) on the weekly timeframe.
ADA is currently forming a symmetrical triangle pattern and is holding the support trendline at $0.28. It must maintain this support and break above the resistance trendline. If it fails, the price could drop as low as $0.087.
In the long term, ADA aims to reach its all-time high of $3.1 again, which would represent a 10x gain from the current market price.
I hope this analysis helps. Please remember to conduct your own research before investing.
Regards,
Team Dexter.
Here's a technical analysis of Cardano (ADA) on the weekly timeframe.
ADA is currently forming a symmetrical triangle pattern and is holding the support trendline at $0.28. It must maintain this support and break above the resistance trendline. If it fails, the price could drop as low as $0.087.
In the long term, ADA aims to reach its all-time high of $3.1 again, which would represent a 10x gain from the current market price.
I hope this analysis helps. Please remember to conduct your own research before investing.
Regards,
Team Dexter.
coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.