Cardano(ADA): 30% Drop Might Happen?

Cardano has had a smaller rejection, breaking fully into the middle line of Bollinger Bands and securing it as well for now.

We are looking here for further downward movement across both EMAs, which would mean a market price movement of 30%.

Swallow Team

Comment:

Cardano has had a nice breakdown without any significant pushes to the upper zones. So far, we have had a small 6% market price movement, and we are looking for more!

Comment:

Cardano has tocuhed 100EMA with 12% of market price movement since that breakdown near our sell zone.

I still have room to fall, so keep an eye on this one as well!!

Comment:

Cardano has made a nice 12% market price movement after the breakdown of that middle line of Bollinger Bands.

As of now, the price is looking for a re-test of that broken zone near BB, so keep an eye on it for sure!

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