Analyst sets date when Cardano (ADA) will trade at $6

As Cardano ( ADA ) struggles to claim the crucial $1 mark, technical indicators suggest the token may be entering a critical phase that could see it target a record high of $6. The analysis by Master Ananda is based on ADA’s weekly timeframe chart, where the token has been trading above key moving averages , EMA55, EMA89, and MA200, for seven consecutive ￰0￱ a TradingView post on September 2, the analyst noted that this sustained action above major support levels reflects weak bearish pressure, allowing bullish momentum to ￰1￱ during recent red weeks, sell volume has remained low, while bullish buying interest has held ￰2￱ price analysis chart.) will trade at $6 appeared first on Finbold .