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Cryptopolitan 2021-08-22 08:51:17

Cardano Price Analysis: ADA/USD bulls breach $2.5 resistance and now heading for a fresh ATH

TL;DR Breakdown Today’s Cardano price analysis is bullish after a 0.654 percent surgeADA/USD traded within a daily range of $2.43 – $2.63.Cardano price action has witnessed bullish patterns in the past 4 -weeks.  Today’s Cardano price analysis is bullish after a 0.654 percent continuation to the $2.5106 region. Cardano bounced from a daily low of $2.3810, thereby defending the bulls from sinking below the $2.00 support. We expect to see more gains in the next 24 hours as buyers sustain the momentum and strongly defend the overhead demand zone.  Cardano price movement in the last 24 -hours: Will bulls expand the range with higher lows and higher highs? According to our Cardano price analysis, ADA/USD traded within a daily range of $2.43 – $2.63. Such a tight range suggesting low volatility across the daily chart. Cardano’s trading volume faced a 21.40 percent plummet to a total of $5.28 billion. The total market capitalization stands at $84.7 billion after a 5.10 percent surge in the last 24 hours.  4-hour Cardano Price Analysis: Bulls aim for $3.00 On the 4-hour Cardano price analysis, DOT/USD is trading upwards as bulls attempt to cross into the $2.6 region.  Bulls have their eyes focused on the $3.00 upper target and are working against time to build momentum and get there soon. The bulls seem persistent to set a new high on the 24-hour chart, but their attempts are being met by take-profit t...

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