ADA/USDT : Moving above bullish trendline

ADAUSDT
Hello everyone 😃

ADA is moving above two bullish lines.
Now there are two important zones !
- Support zone around ~1.1$
- Resistance zone below ~1.3$

Both zone can hold or reject ADA but there is a coming event in August.

The development team behind the CARDANO blockchain is unveiling new details surrounding its smart contract release...
In the wake of its Mary protocol release this March, Charles Hoskinson’s CARDANO is revealing that its Alonzo upgrade will launch this coming August.

IOHK (Input Output Hong Kong), CARDANO's development company, announced this week that the Alonzo upgrade will add support for smart contracts to the CARDANO blockchain.
The update will allow developers to start building on the CARDANO platform – a highly anticipated functionality that the Ethereum network currently possesses.

IOHK notes that the upgrade aims to support businesses and provide support for developers wishing to build decentralized finance (DEFI) DApps.

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

Comment:

ADA formed a triangle on low TF,
Waiting for this triangle to play out !