03.05.2025
Mirjan Hipolito
Cryptocurrency and stock expert
03.05.2025

Carl Runefelt: Cardano poised for movement in symmetrical triangle

Carl Runefelt: Cardano poised for movement in symmetrical triangle @TheMoonCarl: Cardano poised for movement

Carl Runefelt, a notable figure in the cryptocurrency community, highlights Cardano's current position within a symmetrical triangle pattern on the 4-hour chart.

He identifies a bullish threshold at $0.7730 and a bearish threshold at $0.6280, suggesting possible significant movement in either direction. Traders and investors are watching these levels closely as potential indicators for future price action.

Runefelt mentioned that trading Cardano on the LBANK platform comes with incentives, including a 0% maker fee and potential cashback rewards. These offers are drawing more attention to the platform amid ongoing market activity.

In the previous news, tweet author Carl Runefelt discussed cryptocurrency market trends.

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