Cardano Price Prediction: ADA Falls 7% as Crypto Markets Retrace – Time to Buy the Dip?

Publikováno: 7.7.2023

#Altcoin News #Cardano #ADA #Price Prediction

Cardano (ADA) is experiencing a bounce at key support in the $0.28 area in the form of its 21-Day Moving Average and an uptrend from the June lows.
The bounce, which comes as crypto markets breathe a sign of relief in wake of not-as-hot-as-feared US jobs numbers, keeps alive hopes that ADA has formed a bullish ascending triangle structure.
These technical patterns tend to form ahead of a bullish breakout....
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