Somehow it already happened that global ideas on ADA we publish once a month. , it's time to update it, . We promised - we are doing.
After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers.
What do we see next? The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38.
In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall. The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Thanks for your ADA analysis. The price action certainly seems very stagnant, unlike DOT, for instances, that has been developing a great momentum lately...