Over the past two months, the Cardano price trajectory has undoubtedly been overshadowed by a pronounced correction phase. The persistent bearish momentum was underpinned by a descending resistance trendline. On multiple occasions during this phase, the ADA price experienced rejection at this overhead resistance, signifying persistent sell-side pressure. However, the present bullish winds sweeping across the crypto market landscape seem to have breathed life into buyers’ prospects. The bullish fervor has prompted these altcoin buyers to challenge, and potentially surpass, this overhead resistance, hinting at the genesis of a new upward rally.
Cardano Price Prediction: Will $ADA Reclaim $0.3 Before September End?
coingape.com
18 September 2023 19:20, UTC