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Cardano Price Analysis: ADA uptrend to $1.4 in jeopardy as support weakens – FXStreet

Cardano appears to be slowing its 460% rally from January 1. The upcoming smart contract token has recently hit a yearly high at $0.98. However, a cor

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  • Cardano uptrend at risk of total sabotage due to immense resistance at $0.92.
  • Binance is rumored to have increased ADA fees by 400%, adding to the overhead pressure.
  • Cardano must hold above the ascending channel’s middle boundary support to ensure market stability.

Cardano appears to be slowing its 460% rally from January 1. The upcoming smart contract token has recently hit a yearly high at $0.98. However, a correction came into the picture before ADA dealt with the seller congestion at $1. The correction…

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