ADA has just retested the $2.2 zone and buying power has appeared so ADA can rise to the $2.8, $3.2 and $4 zones this September. But if it loses the $2.2 zone, it will fall back to the $1.6 zone

🔴Buy : 2.15-2.25$. SL if B 🔴Buy : 2.73-2.87$ if A. SL if B
🔴Sell : 2.73-2.87$. SL if A 🔴Sell : 3.12-3.28$. SL if A 🔴Sell : 3.9-4.1$. SL if A
🔵Sell : 2.15-2.25$ if B. SL if A 🔵Buy : 1.56-1.64$. SL if B
📈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 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day 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.