Cardano provides second chance before altseason starts
2024-08-15

Hello traders,

Cardano price declined on over 60% since March and lost almost all gains for the past year.
Currently ADA is trading at very attractive price levels for long term buys.

Considering that there might be new altseason coming soon I think that it's good time to buy ADA in mid or long term as it can repeat recent growth above 0.8 level easily.

The main buying area located at 0.25 price level but I'm not sure if ADA drops there unless BTC will test 50k area again. If this happens then it will be perfect buying opportunity but even current levels are great for long term.

For the bulls it's important ADA to break 0.4 resistance level and hold above. 
If this happens then we can expect continuation of the rise.

Please, do not forget to boost this idea and leave your comments below, thanks.