Cardano Price Prediction for Today, October 23: ADA May Commence a Bullish Trend
Buyer’ pressure may increases in Cardano market ADA Price Analysis – October 23 When bulls’ momentum increases, there may be a complete bullish reversal to break up the resistance level of $0.36, and price may increase to $0.38 and $0.40 levels. Should sellers oppose buyers at $0.36, Cardano may decrease to the low of $0.34, $0.32 and $0.30 levels. ADA/USD Market Key Levels: Resistance levels: $0.36, $0.38, $0.40 Support levels: $0.34, $0.32, $0.30 ADA/USD Long-term Trend: Bearish On the daily chart, Cardano is bearish. Bearish movement continues in the cardano market . Last two weeks, the price closed at $0.36 level. Sellers acquired more momentum, the price broke down the $0.34 level and the price reduced to the support level of $0.32. At the moment, it seems the bearish momentum is getting weak and bulls may take over the market. Since three days ago, buyers are ruling the market of Cardano. Cardano is trading below the two dynami...