ADA Price (Cardano) Breaking This Confluence Resistance Could Restart Rally
Cardano (ADA) is moving higher from the $0.350 support. ADA could rally if there is a clear move above the $0.388 and $0.395 resistance levels....
- Cardano (ADA) is currently moving higher from the $0.350 support level.
- ADA price is trading above $0.375 and the 100 simple moving average (4 hours).
- There is a key bullish trend line forming with support near $0.370 on the 4-hour chart.
- The pair could potentially rally towards the $0.420 level or even $0.450.
- Immediate resistance levels are at $0.388 and $0.395.
The sentiment of the article is positive as it suggests that Cardano's price could potentially rally and move higher.