Here is an expanded technical analysis of ADA (Cardano) on the Binance platform, with short-term and long-term forecasts.
Technical Analysis - Short Term
Currently, ADA is trading around $0.93 after successfully breaking out of a descending triangle pattern that lasted several months, reflecting a positive shift in the price structure.
Key Support: $0.88 - $0.90.
Nearby Resistance: $1.02, and breaking it with a daily close may open the way towards $1.10.
Indicators:
Currently, ADA is trading around $0.93 after successfully breaking out of a descending triangle pattern that lasted several months, reflecting a positive shift in the price structure.
Key Support: $0.88 - $0.90.
Nearby Resistance: $1.02, and breaking it with a daily close may open the way towards $1.10.
Indicators:
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ADA
0.9217
-5.27%
