ADA/USDT 1 day analysis

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ADA is much of the same price compared to last week though it experienced another dropping to near Aug 29’s low on Wednesday, and was being supported again. If we take a look at the volume for the recent trend, there’s a coordination of price down along with volume reduction, which indicates a negative signal of the future trend. ADA is now heading to the next resistance at $0.51~0.52. Hopefully, the price breakthrough it to march for the next challenge at $0.59. But if it fails, we might need to prepare for a plummet.

Penafian

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