- ADA price prediction looks bullish after retracing all the gains it made following the strategic reserve announcement.
- The obstacles overhead were significant, and the sentiment across the market meant buyers were reluctant to enter.
Cardano [ADA] saw a 17.8% price gain in the past 36 hours.
Speculation that Gemini might list Cardano on their exchange, combined with the U.S. crypto strategic reserve news from earlier this month, could have changed investor sentiment in the past two days.
While the co-founder of Gemini didn’t think Cardano was a suitable asset for the strategic reserve, he didn’t downplay the listing possibility either.
Combined with a retest of the 3-month strong support, could ADA be set for a bullish reversal?
Cardano’s quick gains could be halted at…
Source: ADA/USDT on TradingView
Cardano’s bounce in the past 48 hours was likely due to its retest of the 3-month range lows at $0.68. However,…
