Cardano (ADA) soared and closed above the $1.23 overhead resistance on March 16.
However , the bulls are struggling to sustain the bullish momentum today, which suggests that demand dries up at higher levels.
If the price dips and sustains below $1.23, it will suggest that the range-bound action may continue for a few more days.
If the bulls can defend the breakout level at $1.23, the ADA/USD pair could rise to $1.48. A breakout and close above this resistance could
indicate the resumption of the uptrend.
#Cointelegraph
However , the bulls are struggling to sustain the bullish momentum today, which suggests that demand dries up at higher levels.
If the price dips and sustains below $1.23, it will suggest that the range-bound action may continue for a few more days.
If the bulls can defend the breakout level at $1.23, the ADA/USD pair could rise to $1.48. A breakout and close above this resistance could
indicate the resumption of the uptrend.
#Cointelegraph
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.