ADA-USDT
As per the CoinShares' weekly flow report, Cardano is at the top of the list of crypto assets garnering inflows of 10M. With the environmental concerns revolving around PoW protocols, Cardano presents itself as an energy-efficient PoS blockchain network while it has logged in 1 Million ADA Wallets witnessing a fivefold increase in 2021 itself.
On a 4 Hr Time Frame, ADA is currently taking support at 20 EMA and is looking bullish.
The immediate resistance is placed at ~$1.8, crossing this level, ADA may move to the levels of $2.1.
The support to the lower side is present at $1.62 followed by $1.45.
On a 4 Hr Time Frame, ADA is currently taking support at 20 EMA and is looking bullish.
The immediate resistance is placed at ~$1.8, crossing this level, ADA may move to the levels of $2.1.
The support to the lower side is present at $1.62 followed by $1.45.
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