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Cardano Stays Below $0.278 Weekly Trigger for Chart Pattern

Cardano Stays Below $0.278 Weekly Trigger for Chart Pattern

Photo: TokenPost

Cardano (ADA) was quoted at $0.2276273 in a snapshot last updated at 1:04 p.m. ET (17:04 UTC) on Oct. 21, below the $0.278 weekly trigger for a chart pattern. The price was up 2.21% over 24 hours. Crypto analyst Giannis Andreou’s cup-and-handle setup requires a weekly close above $0.278 followed by a successful retest of that level. His chart analysis lists conditional targets of $0.3633 and $0.3995, plus an approximate $0.416 target based on the cup’s depth. The pattern remains unconfirmed until the close and retest occur. The earlier $0.278 breakout setup provides additional context. Analyst Brian McColl’s Oct.

Source: TokenPost

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