Cardano / TetherUS
شراء

ADA is about to Fly or is It?

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Looking at the 4-hour chart, it may be seen that ADA coin is between a triangle lines (shown in red dashed Lines). Also, its price is hanging just below all EMA lines which puts off buyers when it reaches those prices. So, if ADA manages to break above $1.55 , this may trigger a buying opportunity and drive the price to $1.842 where there is a very strong resistance is. if it reaches this price, it may return due to high sells. But, if that resistance is broken, then it is very likely that the price may go up dramatically in a short time. Let us now consider dropping cases. If ADA cannot break the down trend red line and falls below up trend support red line, it may fall up to $1.09, which totally depends on how BTC behaves.

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