Cardano (ADA) is looking strong against its USD pair. $2.00 support remains strong and to be holding. Range of $2.00-$2.15 is a decent entry for a long-term buy/trade. I see this pattern playing out over the course of the next 2-3months with a target price of $4.00. *Note ADA is still dependant on BTC, so a strong upward move for BTC could push ADA back down to that $2.00 support.
*Note should we break the support of $2.00, we could see the downward price of ADA reach the $1.75-$1.80 level.
*Note should we break the support of $2.00, we could see the downward price of ADA reach the $1.75-$1.80 level.