By analyzing the Cardano (ADA) chart on the 3-day timeframe, we can see that the price started correcting as expected and has now reached $0.78, entering the key $0.68–$0.78 demand zone. Now we need to see whether this zone can stop ADA from dropping further.
If the price holds in this strong demand area, we could expect a big bullish move. The short-term targets are $0.85, $0.95, and $1.00, while the mid-term targets are $1.05, $1.17, and $1.33.
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If the price holds in this strong demand area, we could expect a big bullish move. The short-term targets are $0.85, $0.95, and $1.00, while the mid-term targets are $1.05, $1.17, and $1.33.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Trade ist aktiv
Cardano (ADA) dipped to around $0.75, perfectly testing the demand zone, and then reacted with strong buying pressure. As expected, the price has bounced and is now trading near $0.79, confirming that demand is active in this area.The main analysis remains valid: holding above the $0.68–$0.78 demand zone keeps the bullish outlook alive. Short-term targets are still $0.85, $0.95, and $1.00, while mid-term targets remain at $1.05, $1.17, and $1.33.
ADA continues to respect the setup step by step — momentum looks healthy.
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