CARDANO update $$$

in #defi3 years ago

Data by CoinGecko shows ADA trading 20% in 24 hours(source), following an announcement that the blockchain network will soon support smart contracts functionality.
see YouTube announcement from IOHK CEO, Charles Hoskinson :

This morning (Eastern time) ADA is trading at $1.77 amid the push by the bulls to close the day past 1.868. The uptrend has been consistent with ADA goign trough resitances and support areas.

The short-term technical shows that ADA has a bullish outlook that continues to support the uptrend. MACD = BUY.

ST, a break above the immediate hurdle at $1.8 could push ADA above $2.

ADAUSD_20210812_074930.png

previous targets:
1.40
1.67
1.84

Support: $1.4 and $1.2

Next Resistance: $1.8 and $2

ADAUSD_20210812_080239.png

We might have a new ATH. We'll keep monitoring ADA in the next few days, there's alot of good things coming.

Good luck and good Profits.
GGP

Not financial advice just my opinion! DYOR

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