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Bulls are defending their rise in Cardano, which might see another 65 percent gain.

Mr. Plan ₿
2 min readNov 13, 2021

Bulls in Cardano price overcame multiple hurdles and broke out of a short-term downturn.
The price of ADA appears to be poised to rise, as buy-side enthusiasm has risen in the last two weeks.

Before setting fresh all-time highs, the bulls must overcome a double resistance region.

Due to a double bullish technical setup, Cardano price has seen substantial purchasing over the last three weeks as buy-side volume has increased. Even with headwinds in the cryptocurrency sector, ADA price bears were able to keep the bullish mutiny at bay last week, but the bulls were simply too forecull this week. Even if a retest occurs this weekend on or just below the green ascending trend line, bulls are expected to maintain control and push the market to fresh all-time highs.

Cardano bulls are anticipating gains of more than 60% and new all-time highs.

Bulls broke through to $2.42 this week, but ADA price fell at the close of the week as global markets provided some challenges for cryptocurrencies in general. With that, bulls have dipped their toe into the water to test how powerful the resistance from shorters at the $2.42 — $2.51 double belt will be. The bulls appear…

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Mr. Plan ₿
Mr. Plan ₿

Written by Mr. Plan ₿

Passionate about personal development and investments, I share valuable insights for your success. For collaboration contact us vremaroiua.medium@gmail.com

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