Cardano showed little volatility last week, moving mostly sideways. We still expect it to rise in magenta wave (iii), surpassing the resistance level at $0.81. Only our 38% probable alternative scenario could disrupt this plan. This alternative scenario will come into play if the price drops below the support level at $0.22, implying a deeper low for green wave alt.(2)
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Disclaimer
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.