Market analyst Carl Runefelt, known as “The Moon,” recently shared an optimistic forecast for Cardano’s ADA token, suggesting a potential price surge if it maintains its current support level.
“If we hold this range-low, we may see a nice PUMP!” Runefelt tweeted, hinting at a bullish trend for ADA.
According to Runefelt’s analysis, ADA has been moving within a range, capped at $0.5222 and finding support within a yellow rectangle at $0.35. This trend follows a broader bearish trajectory initiated on March 14, when ADA peaked at $0.8120.
Despite this downward trend, the $0.35 support level has proved resilient, allowing ADA to bounce back and stabilize above $0.3976. However, Runefelt’s chart further suggests that ADA appears…
The post Top Analyst Predicts 31% Surge for Cardano’s ADA to $0.52 appeared first on Coin Edition.
Market analyst Carl Runefelt, known as “The Moon,” recently shared an optimistic forecast for Cardano’s ADA token, suggesting a potential price surge if it maintains its current support level.
“If we hold this range-low, we may see a nice PUMP!” Runefelt tweeted, hinting at a bullish trend for ADA.
According to Runefelt’s analysis, ADA has been moving within a range, capped at $0.5222 and finding support within a yellow rectangle at $0.35. This trend follows a broader bearish trajectory initiated on March 14, when ADA peaked at $0.8120.
Despite this downward trend, the $0.35 support level has proved resilient, allowing ADA to bounce back and stabilize above $0.3976. However, Runefelt’s chart further suggests that ADA appears…
The post Top Analyst Predicts 31% Surge for Cardano’s ADA to $0.52 appeared first on Coin Edition.