Cardano is following in Bitcoin’s footsteps, but it seems to have stumbled a bit! 😅
- On the USDT chart, ADA broke through the 200-day moving average in a spirited rally in early November. However, the $1.2 level told ADA to “Hold on!” It is now taking a break at the $0.75 support area. If this level holds, it may be a matter of time before it breaks through $1.2. But watch out, a drop to $0.5 could also be on the way! 🚀
- On the ADA/BTC chart, ADA has overtaken BTC in the recent rally, but is losing ground to BTC in the long term. If the 1,000 SAT support is broken, a journey to 700 SAT is expected.
Share your thoughts on ADA’s future in the comments! 📈💬