#ADA Price Prediction: Not Up Yet
On the daily chart, ADA has formed a head and shoulders pattern, which indicates that the bullish trend may soon turn bearish, signaling a possible end to the uptrend.
This bearish pattern will be confirmed when the cryptocurrency breaks below the neckline. The neckline of the pattern is located at around $0.34, and ADA has currently fallen below this level. If this trend continues, the price of ADA may fall further by 6% to $0.32.
On the other hand, if the bulls can hold the $0.34 support level and the future buying demand exceeds the $2 billion resistance level, the value of Cardano may rebound. If this happens, ADA has the potential to rise to $0.42. #ADA.智能策略库🥇🥇