Cardano (ADA) is closely following Bitcoin but has not yet reached a new high. However, this could change if a significant obstacle is overcome.
- On the ADA/USDT chart, the price is rising sharply, surpassing many resistance levels, including the 200-day moving average. However, the resistance level at $1.2 is hindering the upward momentum, causing the price to temporarily move sideways.
- The ADA/BTC chart shows a similar pattern, with the main difference being a head and shoulders pattern above the 1000 SAT level. If this area holds, there is a high possibility that ADA will continue to rise to the resistance zone of 1500 SAT in the coming weeks. 🚀
Blockchain technology and cryptocurrencies are still opening up many new opportunities. 🌟