Cardano managed to break 0.42 resistance level and almost reached local high at 0.46 set in April 2023. At this point 0.46 level is the main obstacle for continuation of price rise.
In case if ADA will manage to break this level then road open to go above 0.5 rpice level but I think that Cardano won't manage to break this level unless Bitcoin goes above 50k.
Otherwise it's more likely to see some correction on Cardano.
Note that real altseason didn't started yet. Mostly we see that money goes to Bitcoin hence Bitcoin dominance is increasing.
It's important to follow Bitcoin price chart and Bitcoin dominance as well to understand when real altseason starts.
I think that 0.46 is the highest price for this year and that's ok. Real bull market starts next year and Cardano will definitely follow it.
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Cardano broke all levels and set new yearly high at 0.65 price. This idea isn't valid anymore.
This idea looks good 🙌 And I wanted to add to your idea that ADAUSDT can make one movement up to 0.4600 level, not two, and then start to move down, what do you think about this? 🤔
And I wanted to add to your idea that ADAUSDT can make one movement up to 0.4600 level, not two, and then start to move down, what do you think about this? 🤔