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Cardano gears up for a massive move to this price

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Even though Cardano (ADA) has been keeping up with the generally bearish sentiment in the wider cryptocurrency sector, Analysis shows that the currently ninth-largest digital asset by market capitalization could, at the same time, be gearing up for a massive move in the near future. Indeed, according to the renowned pseudonymous cryptocurrency analyst CoinsKid, “Cardano could be gearing up for a MASSIVE move to $0.7497 and $1.80 eventually,” which represent two “key areas of untapped resistance,” as the expert explained in an X post published on November 21. Areas Cardano is gearing up for. Source: TradingView Cardano price analysis At press time, Cardano was changing hands at the price of $0.3788, which represents a decline of 3.04% in the last 24 hours while still holding onto the gain of 5.97% across the previous week and the more significant advance of 47.39% on its monthly chart, according to the data on November 21. Cardano 30-day price chart. Source: Finbold It is als...