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.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.