Hey kids! Want to hear about Cardano (ADA), a type of cryptocurrency? Recently, its price went up a lot, but now things are a bit uncertain.
It tried to reach $1.17, but it's tricky to get past that number. Think of it like trying to climb a really high wall!
Here's what's happening:
- Cardano's price went up, but then it started to go down a little.
- Some people are selling, making the price fall.
- The price might go down to around $0.80 or even lower if it can't hold above $0.9077.
- But, if it goes above $1.17, it could go up to $1.58!
| Possible Price | What it Means |
|---|---|
| $0.80 - $0.90 | Price might go down further. |
| $0.9077 | Important support level. If it holds, the price might go up. |
| $1.17 | Important resistance level. If it breaks through, the price might go up to $1.58. |
| $1.58+ | A big price increase is possible. |
