Cardano (ADA): Movement Has Started!
Cardano has been making some good moves here, with over 10% market price movement in our direction.
The next resistance for us is that middle line of Bollinger bands, which we are looking to break. Let's see!!
Swallow Team
The next resistance for us is that middle line of Bollinger bands, which we are looking to break. Let's see!!
Swallow Team
Comment:
Cardano is seeing some struggle to have a clean breakout from the current upper zones (resistance).
With that being said, we are waiting for the rejection to kick in. If this kind of slow and weak push continues, then the drop is just a matter of time.
With that being said, we are waiting for the rejection to kick in. If this kind of slow and weak push continues, then the drop is just a matter of time.
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If everything plays out nicely, we will see a similar movement, but before that, we need to wait again for the market to show its weakness (as the conditions of the markets are not the best)