Cardano defies Peter Brandt’s 90% crash warning, ADA price doubles to new high

by Aurelia Butler 20 August 2021, 11:40 159 Views

The ADA/USD exchange rate reached $2.56 for the first time on Friday, following a 154.54% price boom that started on July 20. In doing so, the pair also ignored veteran trader Peter Brandt’s 60%–90% price crash warning, which was based on a classic bearish pattern called the head and shoulders.

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Source: Cryptocurrency - investing.com

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Cardano defies Peter Brandt’s 90% crash warning, ADA price doubles to new high

Cardano (ADA) Sets a New ATH, Forming Pattern For Another One

August is usually volatile, and the delta variant is making it worse

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