ADA Cardano to $0.42 Range by December 200% Increase form $0.15
This prediction is based on historical performance of Cryptocurrency after reaching an all time high, then following lower highs and higher lows of consolidation, namely Bitcoin. I believe Cardano is going to follow Bitcoin's consolidation pattern which will follow the higher lows and lower highs as buy and sell signals.
Next high for BTC would be $16,900 range, roughly a 200% increase then followed by a pullback consolidation to $8,000 range.
That would set Cardano's new low after $0.42 would be around $0.20 cents, I don't think that ADA will follow the same lower highs and higher lows patterns like BTC, instead it will most likely follow a bullish ascending triangle formation.
What do you guys think?
Next high for BTC would be $16,900 range, roughly a 200% increase then followed by a pullback consolidation to $8,000 range.
That would set Cardano's new low after $0.42 would be around $0.20 cents, I don't think that ADA will follow the same lower highs and higher lows patterns like BTC, instead it will most likely follow a bullish ascending triangle formation.
What do you guys think?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.