However, the $0.0378 area acted as a solid support. The price bounced back, but upsides were capped near $0.0435.
The chart indicates that price is preparing for the next move either above $0.0430 or below $0.0400. On the downside, the price remains well supported near $0.0395 and $0.0378. On the upside, a break above $0.0430 could push the price towards $0.0450 or $0.0500.
Hourly – The for ADA/USD is slightly in the zone.
Hourly – The for ADA/USD is currently just below the 50 level.
Major – $0.0378
Major – $0.0440