Cardano faces $1.60 resistance after ADA price hits 2-month highs

Cointelegraph

Published Aug 10, 2021 12:22PM ET

Updated Aug 10, 2021 02:00PM ET

Cardano's ADA token came close to its highest in two months on Aug. 10 as daily gains neared 6%.

Data from Cointelegraph Markets Pro and TradingView showed ADA/USD challenging resistance to reach $1.59 — its highest since June 15.

ADA/USD 1-day candle chart (Binance). Source: TradingView
ADA/BTC 1-day candle chart (Binance). Source: TradingView
ETH/USD 1-day candle chart (Bitstamp). Source: TradingView

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