#ADA Cardano is wedging out now currently sitting at 4.1k satoshi. Two possible support bottom yellow line or blue line.
If wedge breaks to the positive we could see price go to 5k or even 6k. I expect hard resistance at 6k if ADA takes off from this wedge.
If wedge breaks to the positive we could see price go to 5k or even 6k. I expect hard resistance at 6k if ADA takes off from this wedge.
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Update: Support and trend line support both broken. It has now touched the .382 on the FIB, hopefully it will gain support there. If it drops below that be careful before buying.
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ADA still great long term project. Price action not looking the greatest right now. Top market cap coin could make recovery at anytime. I don't think it will drop all the way to 1300, but it's certainly possible if we get more market sell off.