The technical chart of Cardano reflects on the strong positive bounceback made by the price levels after testing the critical support line of 0.618fib level. With the help of positive sentiments emerging in the overall market conditions from the past couple of trading sessions, the price levels were able to have a positive breakout above the resistance line placed...
The technical chart of ADA highlights the gradual positive momentum built by the price levels which is followed by significant retracement after reaching the critical resistance zone of $0.35. The retracement ended up after the price levels touched the critical support area of $0.20 on the downside which helped to revive the positive momentum forming a rising...
The weekly technical chart of Cardano highlights a positive trend built by the coin. A sudden spike in price movements can be seen from Jan 3. A bullish Pennant pattern is formed on Tuesday's trading session. ADA successfully broke out of that pattern for an up move with the resistance zones placed at R1 $0.1881, R2 $0.19716, R3 $0.2115 and the following support...
Price Prediction
2020
The forecasts made before the pandemic were extremely different. Several experts were predicting that by the end of 2020, the ADA price will reach $0.06 mark and continue growing further the next year while others were naming prices like $200 or even $400. It is not likely that all of a sudden Cardano can go beyond $0.1 this year. There are...
