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Cardano (ADA) Price Teases Key Resistance to Trigger 35% Breakout Rally

Cardano (ADA) Price Teases Key Resistance to Trigger 35% Breakout Rally


CoinGape
2024-02-03 23:59:11

ADA, the native token of the Cardano ecosystem has recently rebounded from the combined support of $0.46 and 50% Fibonacci retracement level. Amid the current relief rally in the market, this altcoin surged nearly 12% to currently trade at $0.51. This rising price encounters supply pressure at the resistance trendline of a pennant pattern. Here’s The post Cardano (ADA) Price Teases Key Resistance to Trigger 35% Breakout Rally appeared first on CoinGape .


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