Category: Crypto News, News
Cardano (ADA) Price Prediction for March 1 — TradingView News
The prices of most cryptocurrencies are going up today, according to CoinStats.CoinStats”>
The rate of Cardano 
ADAUSD has increased by 5.76% since yesterday.TradingView”>
On the hourly chart, the price of ADA is on the way to the local support of $0.6286. If the daily candle closes around that mark, there is a chance of a level breakout, followed by a further decline to the $0.62 range.TradingView”>
On the daily time frame, the picture is bearish as the bar is about to close near the recently formed support of $0.6263.
If bulls cannot seize the initiative, one can expect a test of the $0.60 area soon.TradingView”>
From the midterm point of view, there are no reversal signals yet. If a return to the nearest zone of $0.70 does not happen, the correction is likely to continue to the $0.5192 level.
ADA is trading at $0.6322 at press time.
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