Cardano / Tether
Short

$ADA is about to break out from a rising wedge

284
Hi Traders!

We can see that ADA is at the top side resistance of the rising wedge formation and daily resistance. If price can break out, then the next price target is $0.63. If price breaks down from here, then I suspect we'll see a break down to the range low at $0.46 with possible continuation down to the next support level at $0.40. I suspect the next move will be highly impulsive so strap on tight! It appears we could see a 20-30% move over the course of the next 1-2 weeks.

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