ADA looks bullish on the short term price movement.
It is forming an inverted triangle on the 1h chart.
The price rise will be equal to the height of the candle thats comes closest on both the sides and can be seen in the charts.
If the price moves over 1.45, the next resistance wil be at 1.475 and then 1.5893.
With major developments about to happen by June, especially ethereum-to-cardano conversion technology, ADA has a lot of growth potential and is a worthy investment in this market.
Target price: 50% at 1.44; 50% at 1.47 if it price moves above 1.45 or else 1.42.
Stop Loss: 1.32
It is forming an inverted triangle on the 1h chart.
The price rise will be equal to the height of the candle thats comes closest on both the sides and can be seen in the charts.
If the price moves over 1.45, the next resistance wil be at 1.475 and then 1.5893.
With major developments about to happen by June, especially ethereum-to-cardano conversion technology, ADA has a lot of growth potential and is a worthy investment in this market.
Target price: 50% at 1.44; 50% at 1.47 if it price moves above 1.45 or else 1.42.
Stop Loss: 1.32