Cardano finding support at $0.13

BINANCE:ADAUSD   Cardano / US Dollar (calculated by TradingView)
After a recent power move up, Cardano has been consolidating with a possible formation of an ascending triangle . Yesterday support was found around the $0.13 mark with some confluence on a trendline draw from the start of the upward move and previous swing low as well as the 50 EMA . A possible target of the $0.17 region could be taken, a break of this level with sustained momentum will see the price gain substantially.


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