Ada at the support line
There are 2 scenarios here.
1. The probability of a price return in the range of $ 1.87 to $ 2 is very high. The price is close to strong support, and if Bitcoin does not fall, the Ada coin could reach $ 4 in the short term.
2. Supply intensifies and loses support and the price falls below $ 1.8. Reaching $ 1 is not surprising. It is also possible to enter a bear trap at this stage to enter smart money.
1. The probability of a price return in the range of $ 1.87 to $ 2 is very high. The price is close to strong support, and if Bitcoin does not fall, the Ada coin could reach $ 4 in the short term.
2. Supply intensifies and loses support and the price falls below $ 1.8. Reaching $ 1 is not surprising. It is also possible to enter a bear trap at this stage to enter smart money.
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.