ADA dropped and met the 61.8% fibonacci retracement level perfectly. Since then it has bounced up. The fibonacci extension tool shows us that we could see a move up to $1.56.
What does this look like? - If you invested $100 today, if ADA reaches the target you would have $124. - If you invested $1000 today, if ADA reaches the target you would have $1240.
Please do your own research so you can see whether this project suits you but I believe that this project will be big in the future
So price as it is now is a good entry or you still thinking possibility of dropping further?
Godfather-Pips
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@charlie7391, Depends on if you're getting in long term or for short profits. Personally, I'm in ADA for the long term so in the grand scheme of things price volatility at the moment will be fine margins compared to the possible future prices. However, if you are in for short term profits, I think your best bets are to wait for prices to drop further.
Please note that I am not a financial advisor and this is just an opinion so do your research before you trade.