ADA has been holding up very well despite the Bitcoin trending downward which many altcoins suffered but not ADA with the rollout of the Alonzo testnet (smart contracts) we started to see bullish momentum, as you can see the price retraced on the (0.618) level and it continued it's upward price, ADA currently trying to cross the 1.65$ resistance and bitcoin is not making it easier, however we should see 2.05 in the next week, we may even see 2.30$ again
If you have any ideas, please let me know in the comments.
Hey! Thanks for your analyses. What's the best moment/price to buy? It looks like it's te Sting resistance now at $1.65. I already hodl some ADA but I think there will be some more price action next week or in the upcoming 3 months.