AlpacaCrypto

Cardano 3-month Forecast

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Cardano has been fighting horizontal resistance at around $2.30 and $2.38 the last few weeks and has been finding support along an ascending trend line. If ADA continues using the trend line as support, price should break the horizontal resistance of $2.38 by end of October and potentially continue to slowly move upward along the ascending support line, finding little pockets of resistance at around $2.58, $2.79, and $2.97, before eventually challenging the ATH of around $3.09 and breaking out sometime in early January 2022.

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