Hello friends, welcome to this ADA update from Crypto Sanders.
Chart Analysis, Cardano finally managed to move above 25 cents, and the price has been rallying ever since confirming this level as support. This allowed the price to close the week with a 5% increase.
The next resistance on the chart is found at 28 cents. If this momentum is maintained, ADA could reach this later next week. This is a welcomed change in the price action since Cardano has been stuck in a downtrend for the past three months.
ADA has a good opportunity to capitalize on these recent gains and push higher, provided the overall market does not turn bearish.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Chart Analysis, Cardano finally managed to move above 25 cents, and the price has been rallying ever since confirming this level as support. This allowed the price to close the week with a 5% increase.
The next resistance on the chart is found at 28 cents. If this momentum is maintained, ADA could reach this later next week. This is a welcomed change in the price action since Cardano has been stuck in a downtrend for the past three months.
ADA has a good opportunity to capitalize on these recent gains and push higher, provided the overall market does not turn bearish.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
