Cardano defies Peter Brandt’s 90% crash warning, ADA price doubles to

Cardano’s native token, ADA, ignored a serious price crash warning to rally to a new all-time high.

The exchange rate reached $2.56 for the first time on Friday, following a 154.54% price boom that started on July 20. In doing so, the pair also ignored veteran trader Peter Brandt’s 60%–90% price crash warning, which was based on a classic bearish pattern called the head and shoulders.