In this year ADA went below 50 day moving average 5 times on 4 hour time-frame, including the recent drop. the average drop below 50 day ma is 16.26% this year , therefore ADA reaching $1 is quite realistic, as this level corresponds to 16.26% drop. The way I measured price drops is as follows: I measured the price difference from the point where the candle touched 50 day ma to the lowest price. Very important thing is that at least one candle's body had to be entirely below 50 ma this measurement to be valid. Also if fib retracement tool is placed at the last support point below 50 ma($0.88 because price bounced twice from this level) up to max of ~ $1.48, 0.786 fib level is at $1.01. This further reinforces how significant $1 range is.