From 1.30$ to 1.80$ in a week, with a 38% gain, Cordano aka ADA has broken out to a new all-time high.
According to coinmarketcap,
“Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.”
Interested and wondering where to Buy? See here.
- Cordano prices are expected to rise to ATH of 1.83$ again.
- The price the should do a pullback to last resistance 1.78$
- Now all the previous resistances turn to new support levels.
- Having good support at 1.83$, with a gradual increase, the prices may rise to 2$ in the following week if the bull run continues.Cardano has been consolidating for the past 2 months in a small range between $0.95 and $1.48 and we have now finally broken the previous key resistance. The yellow line shows a great uptrend, if the price respect that line, we should expect to hit our target earlier than a week.
Seeing the other side, tend to decline then we have two significant support levels to hold the price up. The first of these two is at 1.77$ which is strengthening with time as ADA rests there for now. Below that, we have stronger support from 1.62$ to 1.68$ that can assure the support to declining price.