Cardano (ADA) Bullish Scenarios

Updated

$2.45 seems to be the next target (Fibonacci level) if the movement breaks out of the coil. Also bear in mind that there was a rejection at 2.25 multiple times.

Note

Apparently, price bounced off of the upper bound of the blue channel, following the yellow path. Price will accumulate with this boundary as the support for some time.

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