📊 Technical Analysis
● Mid-July breakout from the 10-week falling wedge cleared the long-term resistance line; price retested that line & the 0.756 support band (prior range high) and printed a higher-low on the rising channel’s lower rail.
● The new up-sloper guides bulls toward the channel crest / horizontal target at 0.880, while the 0.775–0.780 zone now acts as a launch pad for the next leg.
💡 Fundamental Analysis
● Buzz around August’s Chang governance hard-fork and a 12 % m/m jump in Cardano TVL signal improving network demand, backing the technical upside.
✨ Summary
Buy 0.775-0.790; hold above 0.756 eyes 0.86 ▶ 0.88. Bull view void on a 16 h close below 0.72.
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● Mid-July breakout from the 10-week falling wedge cleared the long-term resistance line; price retested that line & the 0.756 support band (prior range high) and printed a higher-low on the rising channel’s lower rail.
● The new up-sloper guides bulls toward the channel crest / horizontal target at 0.880, while the 0.775–0.780 zone now acts as a launch pad for the next leg.
💡 Fundamental Analysis
● Buzz around August’s Chang governance hard-fork and a 12 % m/m jump in Cardano TVL signal improving network demand, backing the technical upside.
✨ Summary
Buy 0.775-0.790; hold above 0.756 eyes 0.86 ▶ 0.88. Bull view void on a 16 h close below 0.72.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support
90% accuracy in telegram
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.