Cardano is currently hovering at $0.19.
ADA’s trading volume is up by over 90%.
Cardano (ADA) is currently trading within the $0.1994 mark, registering a gain of over 6.47%. Also, the daily trading volume has exploded by 90%, settling at $792.61 million. The session has likely ranged between a low of $0.1875 and a high of around $0.2107.
In addition, the Coinglass data reported that the market has experienced $3.77 million in Cardano liquidations over the past 24 hours, with short positions getting squeezed as the price pushed higher.
As the asset’s price cleared the $0.20 resistance and confirmed a higher-low sequence on the chart, a technical signal that a 600+ bar downtrend might finally be losing its grip. Significantly, the technical target from this structure sits at $0.2388.
Cardano’s Major Support and Resistance Levels
Looking into the short-term trading pattern, the key resistance level of ADA is at $0.2047. The price would need to push through the $0
We współpracy z: https://thenewscrypto.com/cardano-ada-breaks-the-0-21-barrier-momentum-shifts-in-favour-of-buyers/