Cardano Price Analysis Next Price Stop 2$

We've gotten one touch and two touches on the bullish rsi we're getting higher or higher lows in price action and lower lows on the rsi that should in theory push us up but we've seen it before where it doesn't always push us up but based on that should push us back up to the top of the range you see we've already really gotten for cardano we've already gotten about a 30 percent dip. which is typical in a bull market for crypto
I do not think we should be panicking at all in this just completely par for the course not only for cardano but for crypto in general we're going to go check out the daily chart now and see that our this consolidation that we're very similar to the last consolidation. we were in the beginning of january .we got a big pump to the upside for cardano you see we were in a very very similar rising and we kind of consolidated sideways after hitting our resistance you see consolidated sideways for about five daily candles and you see as we pumped into this one we consolidated sideways for a bit about five daily candles as well before dumping back down to the bottom and confirming as support with a giant wick giant by wick to the upside.
we did the exact same that thing going we dumped and got a giant by wick to the upside what we just did again is we slowly made our way and then big pump to the top of the again and then got a big pump to the downside. you see a similar big candle where we dump big to the downside and then we got another big wicked candle where we dumped and then we pumped back up to the upside we're getting a similar thing where look at this giant wick that we have again in the second box on our top so very very similar if this worker to continue to play out .what you would want to see is a slight pump for cardano

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