zempbrand

Cardano - Strong SMA Resistance

zempbrand Updated   
BITTREX:ADAUSDT   Cardano / Tether
Looking at Cardano specifically, it has built a strong bullish climb since the beginning of April, consistently staying above the SMA line on the bollinger bands, providing a nice floor. You can see this on the 1 Day charts when expanded out over 3 months.
Comment:
If Cardano breaks through $0.07, we will likely see a run to $0.10 or higher, given the growth of the crypto markets and strong sentiment pushing Bitcoin upwards. If Bitcoin continues to see growth past $10k, then a spill over will likely occur into other cryptocurrencies (AKA Alt-season).
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