Cardano Defies Peter Brandt’s 90% Crash Warning, ADA Worth Doubles to New Excessive By Cointelegraph – Investing.com

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Cardano defies Peter Brandt’s 90% crash warning, ADA price doubles to new high

Cardano’s native token, THERE IS, ignored a serious price crash warning to rebound to new all-time highs.

The exchange rate hit $ 2.56 for the first time on Friday, after a 154.54% price boom that began on July 20. In doing so, the couple also ignored experienced traders Peter Brandt’s 60% -90% price drop warningwhich was based on a classic bearish pattern called a head and shoulders.

ADA price trends (black and white) vs. BTC price trends (red and blue). Source: TradingViewAltcoins 24-hour adjusted performance against the US dollar and. Source: Technical structure of the Messari ADA / USD daily chart. Source: TradingView

Read more on Coin Telegraph

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