My lovely people from the crypto world! Here I have the hot gossip about Cardano (ADA)! 🔥 It turns out that the market is in a somewhat bullish vibe, according to CoinMarketCap, but the big question everyone is asking is: has ADA's correction already ended or is this still ongoing? 🤷♀️
Let's take a closer look at this, with a Latin vibe and no holds barred! 🧐
In the hourly chart, the price of ADA is like a good salsa dancer, slowly rising towards the local resistance of $0.6071! If things don't change, it's very likely that by tomorrow it will give that resistance a "little kiss." Let's see if it breaks through or bounces back like a ball! ⚽
Now, if we look at a longer timeframe (because here we are visionaries, right?), ADA tried to break the resistance of $0.5880, but it made a "false breakout," like when the guy you like leads you on and nothing happens! 💔 However, let's not expect a bounce so suddenly, because the truth is it hasn't gathered enough "energy" for that jump. It needs a little more coffee and reggaeton! ☕🎶
Most likely, according to those who know, ADA will stay dancing sideways in the zone of $0.60 to $0.62. It's like when you're at the disco and you stay in the same spot, neither forward nor backward! 🕺💃
But watch out! If we look at the medium term, we need to pay attention to the closing of the weekly candle in relation to the level of $0.5946. If it closes far from there, we could see a local correction down to the mark of $0.64! That would be good news for those waiting for a spike! 🥳
At the moment of this gossip, ADA is at $0.6028. So you know, folks, stay alert to the movements of this token. The crypto world never stops and always brings us surprises!$ADA
