Cardano Price Prediction: In line with current market uncertainty, the Cardano coin price traded sideways for nearly three weeks. The daily chart shows rejection candles on both sides indicating high volatility and no indication from buyers or sellers. However, this consolidation developed into a pennant pattern indicating that the buyers have an opportunity to resume the recovery trend.
Also Read: Arbitrum, Cardano, and Mina Protocol: Potential 2024 Collaboration on the Horizon
Is ADA Price Ready to Hit $0.8?
A bullish breakout from the triangle pattern will trigger a directional rally.
The midline of the Bollinger band indicator continues to offer strong pullback support.
The intraday trading volume in the ADA coin is $829 Million, indicating a 1.4% gain
Cardano Price Prediction| TradingView Chart
After witnessing an aggressive recovery in the last two months, the Cardano price hit a major roadblock at $0.68. This newfound supply pressure in tandem with market volatility turned the A
We współpracy z: https://coingape.com/markets/cardano-price-prediction-hints-pullback-before-ada-hit-0-75/
