Cardano provides probably last opportunity before pump
Updated
Hi everyone,
After reaching local high at 0.8 which was indicated in my previous idea Cardano started to decline falling up to 0.57 support level. Few times ADA price bounced from this support and again trading around it.
Since halving is coming and usually real altseason starts after this event I think that ADA price is placed in very good spot to enter in to position. Cardano price already showed its willingness for rise and it's obvious that price will start pumping very soon.
There is 0.46 support level to consider up to which price can continue to fall before and after the halving but I doubt that we'll see ADA price lower than that.
Overall current ADA price provide rare opportunity to enter a position but downward move up to 0.46 is possible.
Please, do not forget to boost this idea & share it with your friends; thanks.
After reaching local high at 0.8 which was indicated in my previous idea Cardano started to decline falling up to 0.57 support level. Few times ADA price bounced from this support and again trading around it.
Since halving is coming and usually real altseason starts after this event I think that ADA price is placed in very good spot to enter in to position. Cardano price already showed its willingness for rise and it's obvious that price will start pumping very soon.
There is 0.46 support level to consider up to which price can continue to fall before and after the halving but I doubt that we'll see ADA price lower than that.
Overall current ADA price provide rare opportunity to enter a position but downward move up to 0.46 is possible.
Please, do not forget to boost this idea & share it with your friends; thanks.
Note
So far ADA bounced back from 0.57 level and again is trading above 0.6 price level.If Bitcoin continues its rise than very soon we'll see Cardano price close to 0.7 level.
Note
Cardano touched 0.4 support level and bounced back to 0.51 price.This was excellent buying opportunity as Bitcoin halving happened and any time altseason comes.
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