Is Cardano’s 25% Drop to $0.60 Imminent? Let’s Analyze
Hello and greetings to all the crypto enthusiasts, ✌
I aim to provide you with a comprehensive overview of the future price potential for Cardano💡
Cardano is approaching the upper resistance of a descending channel, alongside a strong monthly resistance level, while losing key support levels at higher price points. I’ve identified two solid daily support zones from previous months, and anticipate a price pullback toward these levels. My primary target is set at 0.60, indicating a potential 25% decline. Additionally, the bearish volume in recent candles suggests that further downside could be likely, adding weight to this bearish outlook.📚🎇
🧨 Our team's main opinion is: 🧨
Cardano is near key resistance, with a 25% drop likely to 0.60, as support levels weaken and bearish volume suggests further decline. 📚🙌
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
I aim to provide you with a comprehensive overview of the future price potential for Cardano💡
Cardano is approaching the upper resistance of a descending channel, alongside a strong monthly resistance level, while losing key support levels at higher price points. I’ve identified two solid daily support zones from previous months, and anticipate a price pullback toward these levels. My primary target is set at 0.60, indicating a potential 25% decline. Additionally, the bearish volume in recent candles suggests that further downside could be likely, adding weight to this bearish outlook.📚🎇
🧨 Our team's main opinion is: 🧨
Cardano is near key resistance, with a 25% drop likely to 0.60, as support levels weaken and bearish volume suggests further decline. 📚🙌
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
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Free signals, VIP groups are all in telegram channel 🐋:t.me/madwhalechannel
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Free signals, VIP groups are all in telegram channel 🐋:t.me/madwhalechannel
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.