Coinspeaker
Cardano (ADA) to $1? Analyst Eyes This Support Level
Cardano
ADA
$0.66
24h volatility:
1.0%
Market cap:
$23.67 B
Vol. 24h:
$793.46 M
is trading near its key support zone around $0.65, posting a 0.5% gain in the past 24 hours. The cryptocurrency has lost about 30% of its value over the past month.
Notably, since December 2024, ADA has been trading within a broadening wedge, a pattern often known for volatile swings. Crypto strategist Jonathan Carter noted that if ADA fails to hold above the current level, it could decline another 10%, to test another key support level at $0.59.
#ADA
Cardano failed to stay above the previous support at $0.65 and is now heading towards the main support zone at $0.59 on the
We współpracy z: https://www.coinspeaker.com/cardano-ada-to-1-analyst-eyes-this-support-level/
