What's happening to CARDANO (ADA)📉☹️

in LeoFinance3 years ago

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While all other crypto's are gaining momentum and giving good returns and making new highs day by day, there is CARDANO which is still stuck between $2-$2.20.
Its been long now that ADA has been in this price range. Few months ago ADA made it's all time high.
After the declaration of SMART CONTRACTS everyone thought now there will be boom 💥 in the market.
But it didn't happen. Whereas ADA was also listed in various countries. Listing also didn't showed anything in the market.
Last month it made a high of $3.1.
It also went from 3 most valuable crypto to 4 one.
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Daily analysis/chart of CARDANO/ADA
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Here I have drawn few trend lines which shows the movement of prices and SUPPORT AND RESISTANCE.

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Zoom out a bit and look at the daily chart. I think the pump is just getting started😄