$ADA ARE SILENTLY PREPARING FOR THE $0.25 BREAKOUT?
ADA is trading around $0.22, up more than 12% over the past 7 days. Its market cap has returned to the $8.3 billion range, while the price has rebounded from the early-month bottom of $0.196 to above $0.22.
Notably, after the sharp rise on 9/3, ADA saw profit-taking pull it back to $0.21, but the structure was not broken. The price is now forming a higher base above the early-month area instead of returning to the previous low.
The current trend still leans bullish, as the $0.21 zone is clearly acting as support. If ADA continues to hold above this area, short-term selling pressure is gradually being absorbed and the next target will be $0.225–$0.23.
If $0.23 is broken, the $0.25 zone will begin to open up.
ADA is standing in front of a decisive area. Hold $0.21 to move up to $0.25, or will selling pressure reappear at $0.23? Keep watching, because the next move could come much faster than many people think.
$ADA
ADA is trading around $0.22, up more than 12% over the past 7 days. Its market cap has returned to the $8.3 billion range, while the price has rebounded from the early-month bottom of $0.196 to above $0.22.
Notably, after the sharp rise on 9/3, ADA saw profit-taking pull it back to $0.21, but the structure was not broken. The price is now forming a higher base above the early-month area instead of returning to the previous low.
The current trend still leans bullish, as the $0.21 zone is clearly acting as support. If ADA continues to hold above this area, short-term selling pressure is gradually being absorbed and the next target will be $0.225–$0.23.
If $0.23 is broken, the $0.25 zone will begin to open up.
ADA is standing in front of a decisive area. Hold $0.21 to move up to $0.25, or will selling pressure reappear at $0.23? Keep watching, because the next move could come much faster than many people think.
$ADA
