Strength of buyers!

ADA continued its downward trend without the strength of buyers. The price of this currency, which has penetrated a very important support range, has stopped at the range of 0.32 to 0.30 dollars with positive reactions. If Bitcoin does not have a heavier fall and at least continues its range trend, there is a possibility of Cardano price growth and moving toward the $0.35 resistance. But for further growth, special support from buyers is needed. ‌Because the condition for the upward trend in the 1-hour time frame to break this resistance. The current range is at the bottom of the medium-term descending channel.

Therefore, if this support is broken in the bearish scenario, a stronger bearish wave can be formed, the first support of which is in the range of $0.22 to $0.23, and the second support is in the range of $0.17 to $0.18, and the price of Cardano only if This range meets the formation of a heavier downward wave than the previous wave in the market. But the thing about this support is that considering that there have been good reactions in this range in the past, there is a high potential for a strong positive reaction in this range.