Cardano is on the bottom of channel

ADA
It is currently on the parallel channel support and may move back from the same support area to the canal roof.

The first and second targets for the short term and after breaking the red downtrend line of the third to sixth goals can be touched in the medium and long term!

It has a series of supports that can change phase and move upwards by reacting to each of them (support lines and ranges, suitable for step entry and lowering average!)

We suggest that you monitor this crypto currency and be sure to trade according to your trading strategy.

Best Regards.