The target has been done as we mentioned & hit a new historical price at the area of $ 0.98000

You can go here to read the previous articles >> Cardano ( ADA) analysis >> 7 Feb 2021

& here >> Cardano ( ADA) analysis >> 2 Feb 2021

& here >> Cardano ( ADA) analysis >> 8 Jan 2021

& here >> Cardano ( ADA) analysis >> 2 Jan2021

Cardano Cryptocurrency Coin( ADA ) is trading now in a downtrend Direction

At the moment it is trading at areas of $ 0.92235

Our Outlook of The Cardano cryptocurrency coin ( ADA ) is making now the correction areas to set new support areas after the great bullish that hit the new historical price, I see now a good healthy performance has been doing in order to prepare for higher jump sooner which appear on the daily volume, the chart indicators & dedications, so Look at the target below

As we know; an uptrend is following by a downtrend & vice versa 

So, we never Forget to Trade wisely as we advise buyers to place a stop loss at the nearest support area as mentioned below, breaking these areas leads to another down support area

AS Shown in

The Chart Below

Prediction:

Target: create a good control volume area above $ 0.86500 to hit & exceed the area of $ 1.25000

The digital currency Cardano, in the case of breaking $ 0.83500 areas, may target levels of $ 0.66000.

Support & Resistance:

Support: $ 0.86500 - $ 0.70562

Resistance: $ 0.98000

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.