Cardano Floats above $0.39 as Its
Bullish Trend Returns
Cardano (ADA) is retracing slightly as its bullish trend returns. The coin has started to decline after reaching a $0.40 high. Cardano has been rejected a second time at the highest price of $0.40.
At the time of writing, Cardano is trading for $0.39. If the price returns above the moving average lines, the current uptrend might continue. It is anticipated that the altcoin will peak at $0.48.
Chart PatternsTechnical Indicators

JOHN SMITH

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