Cardano Price Analysis — June 27
As the days go by, a bearish flag pattern becomes clearer for Cardano, which currently trades a few points below the $0.500 level. That said, a bearish dump could materialize in the coming days or when ADA taps the $0.535 top.
In the meantime, we should see a 10% bullish move play out in the coming hours or days, creating a bullish window for buyers as well as a sell entry for bears. That said, this bearish flag setup becomes invalid if ADA bodies a sustained bullish push above the $0.550 mark.
Meanwhile, our resistance levels are $0.500, $0.535, and $0.550 and our support levels are $0.450, $0.400, and $0.350.
Total Market Capitalization: $933.8 billion
Cardano Market Capitalization: $16.4 billion
Cardano Dominance: 1.76%
Market Rank: #8
In the meantime, we should see a 10% bullish move play out in the coming hours or days, creating a bullish window for buyers as well as a sell entry for bears. That said, this bearish flag setup becomes invalid if ADA bodies a sustained bullish push above the $0.550 mark.
Meanwhile, our resistance levels are $0.500, $0.535, and $0.550 and our support levels are $0.450, $0.400, and $0.350.
Total Market Capitalization: $933.8 billion
Cardano Market Capitalization: $16.4 billion
Cardano Dominance: 1.76%
Market Rank: #8
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