ADA price is up nearly 7% on the day
ADA Price is attempting to break through major resistance zone
RSI sits coiled in a bullish manner
Throughout the past few days, ADA price has experienced a decent revival as price has risen nearly 25% of lows. This is a great sign to see for the bulls, but compared to other coins in its class, price is lagging behind a bit. Although, Cardano price has printed enormous gains the last year, leading ahead of many other coins in the top 10. Once ADA clears its major resistance zone, price will be free for a large revival not seen in months.
Even though we have covered this recently in past analysis, the current falling wedge ADA price has followed is an important mark to clear out of. This falling wedge is shown in light blue and it has held price together for over 2 months. At the time of writing, bulls are attempting to hold price above the top trend of this bullish pattern.
If ADA can continue to hold above the major resistance of $1.22 along wi
Źródło: https://coingape.com/cardano-sets-out-to-crack-falling-wedge-pattern/
