ADA seems to be forming a rising wedge at the moment after its run up over the past couple of days and volume seems to be slowly declining.
We had a previous support level of $1.37 which seems to have acted as a resistance after the run up so we could possibly see a price drop on ADA for the time being(Depending on what BTC chooses to treat us to in the coming days).
Let me know what you think and any feedback is welcomed :)
We had a previous support level of $1.37 which seems to have acted as a resistance after the run up so we could possibly see a price drop on ADA for the time being(Depending on what BTC chooses to treat us to in the coming days).
Let me know what you think and any feedback is welcomed :)
Comment:
-Broken $1.37 and pulled back to test it as a support
Comment:
And back down we go