Cardano, MANA, VeChain Price Analysis: 23 December
ambcrypto.comWhile the market definitely showed some recovery signs over the last three days, Cardano and VeChain snapped off their long-term trendline resistance and reversed their trends. However, Cardano needed more volumes to confirm a stronger trend.
Decentraland found a traversing range after flashing a slight bearish preference.
Cardano (ADA)
TradingView, ADA/USDT
Just when most investors lost hope, ADA bulls did not dwindle, and upheld the 21-week support at the $1.2-mark.
The price action bounced back from this level and invalidated the bearish tendencies of a descending triangle formed throughout this month. This incline also breached the longer timeframe trendline resistance (White, since 9 November).
In terms of the strength of its trend, the OB
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