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Cardano Price Prediction: ADA ready to resume uptrend towards $2 – FXStreet

Cardano price showed signs of a recovery as bulls managed to keep ADA above a critical support barrier. Now, a reversal in momentum could put the so-c

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  • Cardano price shows signs of a reversal after a 30% correction.
  • The Tom DeMark Sequential indicator’s buy signal on the 4-hour and the 12-hour chart hints at a continuation of the bull rally.
  • Transaction data shows stiff resistance at $1.28 that could deter ADA’s upswing.

Cardano price showed signs of a recovery as bulls managed to keep ADA above a critical support barrier. Now, a reversal in momentum could put the so-called “Ethereum killer” back on track to $2.
Cardano price dropped nearly 30% after…

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