ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.
Even though Bitcoin is currently bullish, the ADA is running normally at the current price. I am optimistic that the price of Cardano coin will reach $5 or will set the next ATH record., but this change will occur after the Bitcoin price movement stops. Some information I found, that the next bull run the price of ADA will reach $7. However, this analysis cannot be used as a reference in crypto investment. A crypto investor of course needs his own analysis so that he can reduce the risk of loss.