Hello CryptoCholics followers,
We see ADA has to overcome the strong resistance at 2400 to show some strength. For now, ADABTC is priced inside the triangular region formed by 2400 resistance and red trend line.
If a breakout occurs for ADA above 2400 then, 50, 100 and 200 day moving averages will appear as resistances.
Crypformation: ADA - Upcoming Events
31 July 2018
IELE VM, a register-based machine inspired by LLVM, will be released on testnet between June and July.
Validation: 740/766
30 September 2018
"People will be able to use Ada to make everyday purchases in more than 33,000 stores in South Korea...," around Q3 2018.
Validation: 29/29
Stay tuned.
CryptoCholics out, Peace out!