From a technical perspective, analyst Lingrid notes that ADA briefly touched the same support zone as the beginning of the previous price surge. The chart now shows that ADA is moving within a narrowing descending channel.
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In the past half year, it's been constantly washing out-breaking through-washing out, but still moving smoothly: low points gradually rising, high points layering new highs. It almost always has a chance in each cycle, now just continue holding and wait for the rhythm. Tip: Even in an upward trend, there are pullbacks, don't over-position and set good stop-loss.
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