Cardano price might drop up to 0.3 price level
Updated
Hi everyone,
Cardano price didn't manage to break its local high at 0.68 and went in to a correction phase.
ADA price already lost almost 30% from its local high and probably this number will continue to increase.
At the moment the main support located at 0.46 price level but most likely this support won't withstand for long.
In the near future I expect ADA price to drop at least to 0.4 support level but if we see dump on Bitcoin then most likely ADA price will drop even lower.
Overall I expect slow downfall on ADA until Bitcoin halving happens and real bull market starts.
Please, do not forget to boost this idea & share it with your friends; thanks.
Cardano price didn't manage to break its local high at 0.68 and went in to a correction phase.
ADA price already lost almost 30% from its local high and probably this number will continue to increase.
At the moment the main support located at 0.46 price level but most likely this support won't withstand for long.
In the near future I expect ADA price to drop at least to 0.4 support level but if we see dump on Bitcoin then most likely ADA price will drop even lower.
Overall I expect slow downfall on ADA until Bitcoin halving happens and real bull market starts.
Please, do not forget to boost this idea & share it with your friends; thanks.
Note
Cardano price dropped under 0.46 as was expected.So 0.4 support line is the main target now
Note
After some price correction ADA starts falling again.As it was before 0.46 will crucial level for ADA.
Note
Cardano price continue to trade around 0.5 level.Until price stays above 0.46 level bulls are in control.
Note
Cardano price starts rising following Bitcoin rise.But unlike previous pump this time ADA price is rising slowly.
Let's see if price will reach previous local high.
Note
Cardano probably won't drop up to 0.3 price level but 0.46 is still possible.Note
Cardano already is trading above 0.74 level and soon can hit 0.78 price target.
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