Solana (SOL) Beseiges $200 Price Mark, XRP About to Enter Recovery Mode, Cardano (ADA) Makes Comeback
04/04/2024 07:30
Despite most recent market plunge, we might see swift reversal
Original U.Today article
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Looking ahead, if ADA keeps up the upward trend, it might soon face a resistance level at $0.6646. Resistance levels are like barriers that prices have a hard time getting past. If ADA can push past this barrier, it could mean that the price will continue to climb, bringing in more investment and increasing its value.
The fact that ADA's price is now at a level where it has turned around before could be a good sign for its future growth. It hints at the possibility that we might see ADA's price go up again soon.
About the author
Arman Shirinyan
Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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