In the past few days, the crypto market had a rough time due to the BTC's weakness of holding a support price above 48/50k and that had a negative impact on altcoins too. If BTC establishes 50K area we could see a jump in the price to 1.34$. But id BTC fails to hold that position it could drop to 44k/42k area and we could see a price drop on ADA to 1.08$ and even lower. Right now ADA has been successful to hold the major uptrend line even in the past days and as you can see we even considered it as our Target on our previous short position, and it did hit the target and bounced back up. If ADA breaks that major uptrend line the price is gonna head down.
P.S: This is not financial advice. Always do your own research.
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P.S: This is not financial advice. Always do your own research.
Please drop a like and comment and follow for more.