ADAUSDT - Daily Analysis (D)
#ADAUSDT - Daily Analysis (D)
Update:
As predicted in the previous analysis, the price drop for ADA has continued. According to recent analysis, the medium-term support level for this coin is around $0.40. It is expected that the price will move downward in an ABC correction structure towards the lower bound of the descending channel.
🔻 Key Support Level: $0.40
🔼 Prediction: Continued corrective movement towards the lower channel bound
This analysis indicates that further downside is likely in the short term, but the support level can present an opportunity for entry.
—————————————————————
📅 Date: 2025/02/04
Analysis by: @MohsenHasanlu
Update:
As predicted in the previous analysis, the price drop for ADA has continued. According to recent analysis, the medium-term support level for this coin is around $0.40. It is expected that the price will move downward in an ABC correction structure towards the lower bound of the descending channel.
🔻 Key Support Level: $0.40
🔼 Prediction: Continued corrective movement towards the lower channel bound
This analysis indicates that further downside is likely in the short term, but the support level can present an opportunity for entry.
—————————————————————
📅 Date: 2025/02/04
Analysis by: @MohsenHasanlu
Disclaimer
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.