Hello, dear members of LeoFinance!
Today I want to comment on the price chart of Cardano.
In the daily chart (1D), ADA/USD continues to move forward within the Ascending channel (uptrend):
As can be seen from the chart, recently ADA/USD has received support at the lower line of the channel (trend line) and is trying to resume the price increase.
To be continued ...
As of the time of writing, one ADA costs $1.3620 on the Binance crypto exchange, according to TradingView.
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Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years, and as a cryptocurrency analyst for the last 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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