Can ADA get back to bullish trend faster than other altcoins? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity
Despite the fall, Cardano is trading near the local resistance level at $0.3536 against the increased volume, which means that buyers are not going to give up so easily. If they can hold the initiative, the breakout of the mentioned mark may lead to a price blast to theOn the daily time frame, the price of Cardano has made a false breakout of the support at $0.3469. In this case, the more likely scenario is consolidation in the range of $0.3550-$0.
On the daily chart, against Bitcoin , Cardano keeps trading in the middle of the channel against declining volume. Likewise, one should expect sharp moves soon, which means that the coin needs more time to get strength for either growth or decline. All in all, traders will see ADA in the area of 0.000016-0.00001650 until the end of the week.
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