ADA is approaching the $2.5 zone and it is highly likely that it will not hold this zone but will fall to the $2.2 zone then it will need more time to accumulate for the next uptrend in October and November.

🔴Buy : 2.15-2.25$. SL if B 🔴Buy : 2.44-2.56$ if A. SL if B
🔴Sell : 2.44-2.56$ if B. SL if A 🔴Sell : 2.93-3.07$. SL if A 🔴Sell : 3.7-3.9$. SL if A
🔵Buy : 2.44-2.56$ if A. SL if B 🔵Sell : 2.93-3.07$. SL if A 🔵Sell : 3.7-3.9$. SL if A 🔵Sell : 2.15-2.25$ if B. SL if A 🔵Buy : 1.76-1.84$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Cardano (ADA) is an open-source Proof-of-Stake (PoS) blockchain network with its inception dating back to 2015. It utilizes a modified version of UTXO (EUTXO) to accommodate support for smart contracts, which is currently under development.
  • It is supported by three main organizations: the Cardano FoundationIOHK, and Emurgo. They all work in conjunction to support development, promotion, and commercial adoption efforts.
  • Cardano’s progress of development is divided into 5 phases, which are concomitantly rolled out through a process that relies heavily on academic research and engineering best practices.
  • Cardano is expected to implement full support for smart contracts by the end of 2020 with the final Goguen update.