🚀 Cardano price prediction 🚀
The bulls have kept Cardano
above the neckline of the inverse head-and-shoulders (H&S) pattern during the pullback. The flattish 20-day EMA ($0.74) and the RSI in the positive zone indicate the bulls have an edge. Buyers will have to thrust the price above $0.86 to signal the resumption of the uptrend. The ADA/USDT pair could then skyrocket to $1.01.
This positive view will be invalidated in the near term if the price turns down and breaks below the 50-day SMA ($0.69). That suggests the bulls are losing their grip, increasing the risk of a fall to $0.60.$HAEDAL
