Cardano ADA. No desire to buy, but there is a chance for growth

For more than a year, the ADAUSDT price has been falling, without any hints of a possible rebound.
The ADA price fell to the liquidity zone, below which buyers did not allow to adjust during the rapid growth in 2020-2021.

In general, we believe that 2023 will be the starting point in changing the trend to grow. We described it in more detail here:

So, we can assume that the Cardano token price may grow at least a little in its value.
The first resistance from above and the first target for growth is $0.40-0.42
The second target for growth is around $0.80. It can be reached by the end of spring 2023.

But of course, there is always someone who can put a fly in the ointment and spoil the whole "pleasure"
If the sellers manage to fix the ADAUSD price below $0.23, then few people will be able to prevent the price of ADA from falling by half again, to the region of $0.12
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more

Giao dịch đang hoạt động:

Trade pattern is in the process of working out

Giao dịch đang hoạt động:

Near buy zone before possible nice long move