According to Valdrin, the daily chart also overlaps with the weekly chart, adding to the negative atmosphere.
Analyst stated that the ADA price bounced off the 152-day rising support line today, while stating that this could have negative consequences;
“The lines get weaker with every touch. ADA has bounced from this support line 4 times. In the 5th touch, there may be a break. As a result, we may see a drop to the $0.30 support.”
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Will the ADA Maintain Support?
According to Valdrin, the daily chart also overlaps with the weekly chart, adding to the negative atmosphere.
Analyst stated that the ADA price bounced off the 152-day rising support line today, while stating that this could have negative consequences;
“The lines get weaker with every touch. ADA has bounced from this support line 4 times. In the 5th touch, there may be a break. As a result, we may see a drop to the $0.30 support.”
Tahiri emphasizes that closing above the $0.41 resistance is necessary for this negative scenario to lose its validity. The analyst stated that in this case, a rapid rise to $ 0.50 can be expected.
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