Can ADA keep the sharp rise going until the end of the week? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity
On the hourly time frame, the price of Cardano started Monday with the bounce back of the support level at $0.2953. Then, the altcoin tried to fix above the resistance at $0.3265, but it failed to do that. In this case, the more likely scenario is a correction to the zone ofOn the bigger chart, the price has also made a false breakout of the $0.3265 mark against the increased volume. However, one should pay attention to the daily closure.
Cardano is also feeling bullish on the daily chart against Bitcoin . The price has made a false breakout of the 0.00001958 mark; however, it remains above the support at 0.00001840. If the bar closes above it, the rise may lead to the test of 0.000019 until the end of the week.
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