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UnknownUnicorn26598155

ADA exits the ascending channel to the $1 KEY POINT

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Cardano / TetherUS (BINANCE:ADAUSDT)  
UnknownUnicorn26598155  
BINANCE:ADAUSDT   Cardano / TetherUS
Trend Analysis Chart Patterns Fundamental Analysis ADA ADAUSDT adausdtrade Bearish Patterns short fed FOMC chartpaterns Double Top
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trendanalysis chartpattern fundamental ada adausdt adausdtrade bearish short fed fomc chartpaterns doubletop
Following the negative news published by the Federal Reserve and due to their anti inflationary policy, it is likely that short-term prices will fall in the markets. Technically, ADA has started a downtrend after forming the DOUBLE TOP pattern at 1.25 and exited its ascending channel. probably supply will continue because the trading volume has not increased significantly at current prices. After the weak support of 1.08, I expect the bearish rally continue to the key range of $1. If macroeconomic conditions worsen, the price of 0.930, which is at 0.618 Fibonacci, is the most important support for ADA.

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