#Cardano reached the bottom of the descending channel and was supported from there. In addition, we see an ascending harmonic pattern in the chart. We consider the growth to the top of the channel more likely.
#Cardano is now facing an important resistance area, as it is clear in the chart, he tried once before and failed to break the resistance, now we have to see if he succeeds this time or not? There is still no sign of price reduction.
#Cardano
The price continues to move within the wedge pattern and decrease. It has an important support level, if it is broken, there is a possibility of a price drop to the $0.2 price area.
The price continues to move within the wedge pattern and decrease. It has an important support level, if it is broken, there is a possibility of a price drop to the $0.2 price area.
#Cardano price has now reached support at $0.3 based on the double top pattern it created, it has now fallen enough, but there is a possibility of breaking the support given the concerns in the market.
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#Cardano price has reached the trend line and is likely to be well supported to reach $0.3700 if the trend line is not broken.
The price of #Cardano started to grow after being compressed in the price area of $0.4250 and was able to break the dynamic resistance.
The first resistance level is $0.5500-0.5800.
Considering many factors like US500, EURUSD, #Bitcoin, #ETC, and the favorable conditions of the market , we expect #ADA to move upwards .
Cardano, compared to the growth of other currencies, did not move significantly yet, so It is possible to make a good profit from Cardano
Let's see what happens this time ...
The first resistance level is $0.5500-0.5800.
Considering many factors like US500, EURUSD, #Bitcoin, #ETC, and the favorable conditions of the market , we expect #ADA to move upwards .
Cardano, compared to the growth of other currencies, did not move significantly yet, so It is possible to make a good profit from Cardano
Let's see what happens this time ...
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#Cardano is trading within a descending channel, facing strong resistance near $0.85 while holding above key support at $0.60. The price action suggests ongoing accumulation in this range. A breakout above the upper trendline would signal bullish reversal potential. If confirmed, the next major target lies around $1.17.
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#Cardano (#ADA/USDT) Daily Chart Update:
Cardano has broken out of the descending channel, signaling a potential trend reversal.
Channel Breakout: Clear breakout above the descending trendline (bullish signal).
Current Resistance Zone: $0.77–$0.82 (previous strong rejection area).
Next Major Target: $1.18 (highlighted in orange).
Support Zone: $0.68–$0.70 and $0.58 below.
Conclusion: If ADA breaks and holds above $0.82, it opens the door for a move toward $1.18. Momentum is bullish, and the breakout strengthens the mid- to long-term outlook.
Cardano has broken out of the descending channel, signaling a potential trend reversal.
Channel Breakout: Clear breakout above the descending trendline (bullish signal).
Current Resistance Zone: $0.77–$0.82 (previous strong rejection area).
Next Major Target: $1.18 (highlighted in orange).
Support Zone: $0.68–$0.70 and $0.58 below.
Conclusion: If ADA breaks and holds above $0.82, it opens the door for a move toward $1.18. Momentum is bullish, and the breakout strengthens the mid- to long-term outlook.
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