Cardano

Solana

Rise

Coin

<ul class="news-points"> 
 <li>Dan Gambardello predicted that ADA could rise 15% in the coming few days.</li> 
 <li>The analyst’s forecast follows SOL’s gain in the past 24 hours, which he believes will be replicated by ADA.</li> 
 <li>At press time, ADA was trading at $0.2824 after it gained 3.97% over the past 24 hours.</li> 
</ul> 
The crypto trader and analyst Dan Gambardello predicted that Cardano (ADA) may experience a 15% move in the coming days. In his latest <a href="https://www.youtube.com/watch?v=YEMoORRylUM&amp;embeds_referring_euri=https%3A%2F%2Ftwitter.com%2F&amp;source_ve_path=MjM4NTE&amp;feature=emb_title&amp;themeRefresh=1" target="_blank" rel="nofollow">analysis</a>, he noted that Solana (SOL) is retesting a key resistance level at $18.83. Should SOL’s price continue to rise, the analyst believes that ADA will soon follow suit. 
If ADA’s price rises in the coming few days, Gambardello speculated that it may make a move towards the $0.32 resistance level, which he noted is a strong barrier that the altcoin will have to overcome. Furthermore, a break above $0.35 will be a big confirmation of a bullish breakout, according to the analyst. 
On the other hand, if <a href="https://coinedition.com/price-of-solana-sol-could-rise-to-19k-in-the-next-few-days/">SOL’s price</a> is rejected by the aforementioned $18.83 mark, then ADA’s price may be at risk of dropping in the next few days. In this scenario, Gambardello shared that his downside target for ADA’s price is $0.22. 
At press time, <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="nofollow">ADA</a> was trading at $0…
The post <a rel="nofollow" href="https://coinedition.com/analyst-predicts-ada-could-rise-15-if-sol-breaks-above-18-83/">Analyst Predicts ADA Could Rise 15% If SOL Breaks Above $18.83</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Analyst Predicts ADA Could Rise 15% If SOL Breaks Above $18.83

Coin Edition

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