• Cardano’s ADA is attempting to increase from the $0.375 support zone.
• It faces a major bearish trend line with resistance near $0.410 on the 4-hour chart.
• It must clear $0.41 and $0.42 to start a fresh rally in the coming sessions.
Cardano’s ADA Attempting To Increase
Cardano’s ADA is attempting to increase from the $0.375 support zone as it faces a major bearish trend line with resistance near $0.410 on the 4-hour chart. To start a fresh rally in the coming sessions, it must clear $0.41 and $0.42 levels first before making any significant progress higher in value.
Price Technicals Suggest Clearance Above 0.42 Needed For Hopes of Rally
This past week, ADA saw a major decline below the $0.42 support against the US Dollar, trading below the $0