BITStar2
09/15 07:00
Cardano price prediction
Cardano price prediction
Cardano
closed above the downtrend line of the descending channel pattern on Wednesday, but the bears are unlikely to give up easily.
Sellers will try to pull the price back below the moving averages. If they manage to do that, several aggressive bulls may get trapped, pulling the ADA/USDT pair to the support line.
On the other hand, if the Cardano price rebounds off the 20-day EMA ($0.85), it suggests that the bulls are in control. Buyers will try to push the pair to $0.96 and then to $1.02, where the bears are expected to step in.
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