Last month ADAUSDT (Cardano) broke a consolidation range that was active for 915 days, since May 2022. This breakout month, November 2024, produced the highest bullish volume ever.
Based on a bull-marketwide perspective, ADAUSDT is coming out of a bottom. This is only the beginning, there is plenty of room available for growth.
This chart is not intended to show new All-Time High potential nor how far up Cardano will go in 2025, but rather, the intention is to show short-term action based on a long-term chart.
The main support sits at 0.8875, this is the resistance level that was conquered with last month's bullish breakout. With this breakout, ADAUSDT hit its highest level since May 2022.
As long as ADAUSDT trades above 0.8875 we are super-bullish and can see additional growth, immediately. If it moves below this level, the chart continues super strong above 0.6330.
As soon as ADAUSDT moves above 1.30, we can expect $2 to come next. It all depends on December, now... Where will it go? How will it move?
The chart is saying up and points towards additional growth. The month is young, the month is long. Allow some time for this pair to recharge only to see it grow.
No doubt we are bullish, expect to see higher prices next.
Cardano is going up.
Thank you for reading.
Namaste.
Based on a bull-marketwide perspective, ADAUSDT is coming out of a bottom. This is only the beginning, there is plenty of room available for growth.
This chart is not intended to show new All-Time High potential nor how far up Cardano will go in 2025, but rather, the intention is to show short-term action based on a long-term chart.
The main support sits at 0.8875, this is the resistance level that was conquered with last month's bullish breakout. With this breakout, ADAUSDT hit its highest level since May 2022.
As long as ADAUSDT trades above 0.8875 we are super-bullish and can see additional growth, immediately. If it moves below this level, the chart continues super strong above 0.6330.
As soon as ADAUSDT moves above 1.30, we can expect $2 to come next. It all depends on December, now... Where will it go? How will it move?
The chart is saying up and points towards additional growth. The month is young, the month is long. Allow some time for this pair to recharge only to see it grow.
No doubt we are bullish, expect to see higher prices next.
Cardano is going up.
Thank you for reading.
Namaste.
Trade active
Giving ADAUSDT (Cardano) a closer look, the weekly timeframe, we can see the highest volume ever.This reveals that we will get additional growth immediately and it is already happening. As soon as 1.30 is conquered the next target becomes $2. A wide jump I should say but highly probable.
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🚨 TOP FREE Trades
»ETH +1450%
»AAVE +1134%
»XRP +749%
»DOGS +868%
»BTC +563% 👇
t.me/anandatrades/1350
🚨 FREE Quality Content + 🏆New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME
lamatrades.com (Since 2017)
»ETH +1450%
»AAVE +1134%
»XRP +749%
»DOGS +868%
»BTC +563% 👇
t.me/anandatrades/1350
🚨 FREE Quality Content + 🏆New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME
lamatrades.com (Since 2017)
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.