July 13, 2026

ADA falls to the edge of cup after forming a DOUBLE TOP pattern

ADA falls to the edge of cup after forming a DOUBLE TOP pattern

ADA falls to the edge of cup after forming a DOUBLE TOP pattern

ADA falls to the edge of cup after forming a DOUBLE TOP pattern

Cardano / TetherUS BINANCE:ADAUSDT
BTC_40000


ADA falls to the edge of cup after forming a DOUBLE TOP pattern

After forming the cup and handle pattern, ADA experienced rapid growth and then created a DOUBLE TOP pattern at 1.25. Based on the classic TA, I expect a 10% drop from the bottom of M pattern(0.236 fib) and a drop to $1 KEY ZONE. Also according to Ichimoku , Cardano’s most important support is in the $1 zone. The $ 1 zone also shows the DC Channel midline which is an important line to maintain the uptrend.
Then, in the mid term, I expect the price to rise to 1.25 due to the Hard fork Vasil, which will be released in June. Today, roadmap. cardano published the following sentence:
Finally, they continued preparing for the Vasil hard fork in June.

Previous Article

Something feels imminent

Next Article

Rsi divergence in 4H & 200MA support

You might be interested in …

btcusd bonus after sell off

btcusd bonus after sell off

btcusd bonus after sell off Bitcoin / TetherUS BINANCE:BTCUSDT farzansohrabi2004 Dear Trader we believe that btcusd could little bonus from last sell off since more than one year ago in next days. good luck

XRP gets rid of dip

XRP gets rid of dip

XRP gets rid of dip XRP / TetherUS BINANCE:XRPUSDT mlhtrkgl Justice is waiting to served. The case has to be fall. A net triangle is seen and technical options are drawn. This is only for […]