AlpacaCrypto

Cardano 3-month Forecast

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Cardano has been fighting horizontal resistance at around $2.30 and $2.38 the last few weeks and has been finding support along an ascending trend line. If ADA continues using the trend line as support, price should break the horizontal resistance of $2.38 by end of October and potentially continue to slowly move upward along the ascending support line, finding little pockets of resistance at around $2.58, $2.79, and $2.97, before eventually challenging the ATH of around $3.09 and breaking out sometime in early January 2022.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.