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Back with another video as Cardano is currently testing the 2.70 support level where a reversal was triggered twice within the last two days at this price action! It looks like Cardano is forming a small pattern of descending level of support. If ADA is not able to hold off selling pressure at the 2.70 price area, look for support at 2.60 and 2.40. Remember that Cardano has made over a 100% return in the last 20 days and a correction is due in the near future. It will just depend if we get this correction before or after smart contracts. However, I’m glad that we are forming support and consolidating at the 2.70 level which is price action that ADA has never really tested before! We will see what tomorrow brings!
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Disclaimer: I’m not a financial advisor and this is not financial advice!
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