Veteran Trader Peter Brandt Posts Ominous Chart Pattern for Cardano: Details

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Veteran Trader Peter Brandt Posts Ominous Chart Pattern for Cardano: Details
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Cardano: Peter Brandt indicates concerning scenario for $ADA price PeterBrandt CardanoADA ADA CardanoCommunity CardanoVasil

Responding to the veteran trader's post, Cardano founder, Charles Hoskinson, says he is"also super surprised." "Chart people once again forget to remember that there is apparently an entire world out there. It has central banks, nations, economies, supply chains. And all of those factors actually have an impact on markets. I'm also super surprised," he stated in response.

ADA is currently approaching the support of the lower trendline of its descending triangle setup as it trades at $0.46, up 1.82% in the last 24 hours.Since the start of September, Cardano has seen a slew of good news, from its listing on the stock brokerage app Robinhood to the successful launch of the Vasil upgrade on Sept. 22.

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