ADA-BTC(Multi TF)BINANCE:ADABTC
The bull rally in Cardano seems to be supported by the feature of cross-chain interoperability and smart contract compatibility.
In the chart of ADABTC on the Daily time frame, since the past fortnight, the price has been consolidating in a range (1600- 2100 satoshi) and has also taken support at 20 DEMA.
KEY LEVELS TO WATCH:-
The supports to the lower side are present at 1800 Satoshi followed by 1600 Satoshi.
If ADABTC manages to give a decisive closing above 2100 satoshi, the prices may rise in momentum to the resistance levels of 2600 satoshi followed by 3000 satoshi.