Cardano (ADA) is experiencing a bounce at key support in the $0.28 area in the form of its 21-Day Moving Average and an uptrend from the June lows.
The bounce, which comes as crypto markets breathe a sign of relief in wake of not-as-hot-as-feared US jobs numbers, keeps alive hopes that ADA has formed a bullish ascending triangle structure.
These technical patterns tend to form ahead of a bullish breakout….
Read More: Cardano Price Prediction: ADA Falls 7% as Crypto Markets Retrace – Time to Buy the Dip?