Cardano (ADA) Currency Analysis: $ADA
By analyzing the candles in the monthly and weekly frames, there are signs that the currency will rise, God willing, to higher levels than it is today.
In the monthly frame, the currency has broken its previous peak by only (1.1%), but this is a good indicator.
In the weekly frame, it shows that the currency has broken the annual downward trend with a very strong upward weekly candle, followed by another stronger weekly candle. The trading volumes (buying) of the Cardano currency were very large; This is a very excellent indicator.
As for the daily frame, after the big rise, the currency did not correct (fall) by a large percentage, which indicates the strength of the currency's purchase.
(All of these are excellent signs that the currency will continue to rise to higher levels, God willing).
Our expectations:
We expect, God willing, that in the coming days, there will be a large purchase of the currency, to break the expected strength points again.
As the rise will be from its current price ($ 0.75) to rise until it reaches ($ 0.81 - $ 0.95 - $ 1.14)
It may reach ($ 1.45)
That is, it will achieve a profit, God willing, of up to 85% and more in the coming weeks, God willing.
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