Something key to point out here is that ADA could still experience a a large drop if broken downward from this range, as it is resting above support right now. It appears ADA has consolidated and started to trend upward. That being said, still facing some tough resistance, and I drew some large resistance levels above in the green boxes.
Some pretty good and clear upside here is a breakout happens, and I would be paying attention to ADA for volume and price activity with the potential of an upcoming Coinbase listing.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.