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AmirSaeidii
Jun 5, 2021 9:25 AM

A modest ADA TA for complex market status 

Cardano / TetherUSBinance

Description

Looking at the bigger picture in the weekly frame, there are two bearish divergences in RSI. But the price is above 20 weeks MA, so ADA has strong support at MA but if the whole market drops, the price will probably retest Fib levels or in overall all support levels until BTC and the whole market cap rises again. The lowest ADA price would be around 1$.
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