@acecaotay
If ADA loses the $0.34 level, the descending wedge pattern will continue, but the chances of a breakout will weaken.
Currently, ADA is facing its most significant challenge in over a month. The descending wedge pattern and RSI indicator suggest a potential reversal. Whales are accumulating, but trading activity is gradually decreasing. Unless ADA clearly breaks above $0.38 and lacks the strength to move towards the $0.47 area, these signs cannot yet form a solid trend.
0 reply
0 recast
0 reaction