CARDANO - ADA/USD - cycles and volume study - 09/09/2021 (GMT)

The march back to $3 has begun. September 12 is few days away. If successful, smart contracts will arrive on Cardano. Testing on the testnet began 9/1. No bad news yet. If all things work out, developers will be able to offer SC's on Cardano network like they do now with ETH. This could impact ADA's price in a huge way.

Technicals: Look for impact moves at 9:00, 19:00 and 20:00 today. Higher prices is being suggested. 2.47 might be hard to crack to the downside. Natural support is at 2.41.
Temporary daily support is at 2.46. If we make new daily highs from here, support will move up accordingly.