Cardano price prediction

Cardano price prediction

Buyers tried to push Cardano 

There is support at $0.80, but if the level gives way, the ADA/USDT pair could tumble to the support line of the descending channel pattern. A bounce off the support line is expected to face selling at the 20-day EMA. If that happens, the likelihood of a break below the support line increases. The Cardano price may then descend to $0.68.

Contrarily, a close above the 20-day EMA suggests that the selling pressure is reducing. The pair may then reach the downtrend line. Buyers will have to pierce the downtrend line to signal the start of a new up move to $1.02.