Cardano (ADA) Price Prediction 2022
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
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