📊 Technical Analysis
● ADA/USD is testing the main long-term support zone after an extended decline, with repeated touches of the primary support line indicating exhaustion of bearish momentum.
● The pair is forming a falling-wedge–style compression toward resistance near 0.52–0.55, suggesting the potential for a bullish rebound if the 0.40–0.42 base continues to hold.
💡 Fundamental Analysis
● Market sentiment is stabilizing as altcoins see renewed accumulation and Cardano activity improves ahead of upcoming ecosystem upgrades.
✨ Summary
● Bullish bias above 0.42. Targets: 0.50 → 0.55. Support: 0.40.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
● ADA/USD is testing the main long-term support zone after an extended decline, with repeated touches of the primary support line indicating exhaustion of bearish momentum.
● The pair is forming a falling-wedge–style compression toward resistance near 0.52–0.55, suggesting the potential for a bullish rebound if the 0.40–0.42 base continues to hold.
💡 Fundamental Analysis
● Market sentiment is stabilizing as altcoins see renewed accumulation and Cardano activity improves ahead of upcoming ecosystem upgrades.
✨ Summary
● Bullish bias above 0.42. Targets: 0.50 → 0.55. Support: 0.40.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
