Cardano price holds key support, eying up new all-time highs – FXStreet

• Cardano price held a key moving average on the 12-hour chart after a brief pullback.
• The digital asset will encounter weak resistance above its current price.
• Several metrics indicate that ADA is poised to reach new all-time highs.

Cardano had a massive 40% breakout thanks to the launch of ADA trading on Coinbase pro. In the past 24 hours, the digital asset had a healthy pullback with the intention to resume the uptrend as soon as possible.
On the 12-hour chart, after climbing above the 50-SMA thanks…

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