Cardano (ADA) Price Prediction 2022

26 авг. 2022 г.

Cardano (ADA) Price Prediction 2022

Cardano (ADA) holds the 8th position on CoinGecko right now. ADA price prediction 2022 is explained below with a daily time frame.

Descending Channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.


Currently, Cardano (ADA) is in the range of $0.4508. If the pattern continues, the price of ADA might reach the resistance levels of $ 1.2463,If the trend reverses, then the price of ADA may fall to $0.4059