ADA broke the descending resistance that’s had been forming over a month. I am expecting the price to bounce at 1.39$ level.
If we see price going further down I will be expecting a retest to 1.30$ zone.
Another factor I am looking at is the moving average.
We reclaimed the 200MA which is bullish but we need to hold it to see any further improvement.
Consider also the upcoming events.
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Thanks and happy trading :)
If we see price going further down I will be expecting a retest to 1.30$ zone.
Another factor I am looking at is the moving average.
We reclaimed the 200MA which is bullish but we need to hold it to see any further improvement.
Consider also the upcoming events.
<———————————————>
Follow us on our socials for more!
Thanks and happy trading :)
