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$.
Speculators will always speculate and tell you yes, ADA must surely go up so make sure you get your bags full now, while those that disregard it will tell you that there is not going to be much growth and you better place your money else where.
May that be the case, in my view ADA has really struggled to get new investors onboard and as a result of that the price movement has stagnated rather than increased. Will it rise, well I think it is hard to predict but in my view still something worth keeping an eye on.