ADA 12h It seems the growth is over...

26 Jan 2021

Somehow it already happened that global ideas on ADA we publish once a month. The previous idea accurately worked out, it's time to update it, especially because you actively voted for the ADAUSDT pair in the weekly digest. We promised - we are doing.

After a speed march upward last month, the ADAUSDT price began to consolidate. And it turns out that in the consolidation ADAUSD is being sold at the top. In recent weeks, the price has grown more by inertia on falling volumes than at the request of more and more new buyers.

What do we see next?
The most positive scenario for ADAUSDT is if the price can once again rise to the zone of $0.36-0.38.

In general, in a monthly perspective, it seems to us that the ADA will face a strong price fall.
The liquidity levels, from which the ADAUSDT price can buy off and bounce off, are $0.23 and $0.17.
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