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Cardano breaks its downtrend convincingly, to reach $1.45 but could this be next
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ambcrypto.comCardano formed a base of support at the $1.2 level over the past two weeks and broke past the $1.3 area that had offered the price a lot of resistance recently. This move also saw a longer-term trendline resistance, stretching back to early November, broken.
Technical analysis showed ADA to have strong bullish momentum on lower timeframes as the year drew to a close, although social media presence and sentiment were a bit bleak.
Source: ADA/USDT on TradingView
The downtrend (white) was broken and
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