ADA/BTC Makes Contact With Long Term Support

١٤ أغسطس ٢٠٢٠

ADABTC Has made contact with the green support zone for the first time in September 2018. Ever since then, it had flirted with the zone till the break of june 2019. The support zone hasn't been touched since june 2020 where it has been made resistance. However, the price quickly rose and finally, in this correction, the price has made the zone support again. This makes me extremely bullish for Cardano in the long term. This does not mean the price can't go lower on the short term. The zone goes all the way back to 1000 satochi, which is 15% lower from the current price. However if the price can stay above the green support zone, then good good prices will be reached for this cryptocurrency.