As we've seen cardano has had one of the strongest runs in crypto this year for a large cap that is!
Taking a look at the 8h, we see bulls fighting to pierce through the $3 resistance. Can the bulls make it happen? (If so they will need a close above the red area for significant meaning) OR Will the bearish divergence play out causing a short term price drop? Declining volume along with the bearish div might lead us there.
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.