Hi guys, let's look at the current situaition on Cardano.
After breaking 0.25 support level Cardano didn't drop as low as I expected. Basically ADA price didn't manage to hold below 0.25 level and has been fluctuating between 0.26-0.24 prices. At the moment Cardano price is trading above 0.26 level but I don't see any potential for growth. In case if Bitcoin continue to rise, ADA price potentially can grow up to 0.28 level but I don't think that it can rise higher than that.
Overall I remain bearish on Cardano and still think that it can drop up to 0.2 price.
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Many thanks.
After breaking 0.25 support level Cardano didn't drop as low as I expected. Basically ADA price didn't manage to hold below 0.25 level and has been fluctuating between 0.26-0.24 prices. At the moment Cardano price is trading above 0.26 level but I don't see any potential for growth. In case if Bitcoin continue to rise, ADA price potentially can grow up to 0.28 level but I don't think that it can rise higher than that.
Overall I remain bearish on Cardano and still think that it can drop up to 0.2 price.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
코멘트:
Cardano returned under 0.25 level and I expect that it will continue to decline.
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