DU09

ADA/USD - All Time High! Can we push higher?

BINANCE:ADAUSD   Cardano
ADA set a new ATH! Congratulations to all that held so far!

What now? If we enter price discovery ADA may well go to $2 before any significant correction, however this push up, while on good volume still presents us with a bearish divergence on MACD and RSI.

While this is not immediately concerning, it will eventually lead to a price correction if we fail to push higher.

So watch this level here closely as it may be decisive, both ETH and BTC had a significant drop once they reached their old ATH. Hence, I'd be careful.

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