$ADA

It has been trading in a tight range between $0.33 and $0.37 for the past few days, indicating indecision between the bulls and bears.

If the $0.33 support breaks, the ADA/USDT pair may retest the crucial support at $0.31. Bulls are expected to defend this level strongly, but if bears prevail, the pair could skid to $0.27.

On the contrary, if the price rises from the current level and breaks above $0.37, it will suggest that the bulls are attempting a recovery. The pair may then rise to $0.40. This level could be a solid obstacle, but if the bulls overcome it, the pair could rise to $0.45.