Bitget App
Trade smarter
Trading Analysis: Cardano's trend forms a descending triangle
Bitget2023/12/16 12:25
Twitter user Ali posted a tweet regarding ADA: Cardano is forming a descending triangle on the lower time frames. A sustained close above $0.638 could trigger a bullish breakout, potentially propelling ADA toward $0.700. However, keep a close eye on the $0.613 support. Any weakness at this level could dampen the ADA bullish momentum.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$112,503.88
+1.22%
Ethereum
ETH
$4,504.94
+0.24%
XRP
XRP
$2.97
+0.17%
Tether USDt
USDT
$1
+0.02%
BNB
BNB
$875.08
+2.24%
Solana
SOL
$214.8
+5.81%
USDC
USDC
$1
+0.02%
Dogecoin
DOGE
$0.2246
+2.30%
TRON
TRX
$0.3450
-0.18%
Cardano
ADA
$0.8596
+1.01%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now