The ADA needs to maintain support.
Hello all,
After the last rebound, the price has moved back to where it was from the previous retest and is currently above the support at $ 1.05. If the price does not maintain the current support, the next one is at $ 0.99 and $ 0.918, remember that we are observing the chart in the 4H interval.
In the short term, the ADA has a resistance to overcome at the price of $ 1.086, while the next resistance is at the price of $ 1.12 and $ 1.15.
On the CHOP index, we can see that the last energy has been used to lower the price, but now the energy is slowly starting to rise again.
After the last rebound, the price has moved back to where it was from the previous retest and is currently above the support at $ 1.05. If the price does not maintain the current support, the next one is at $ 0.99 and $ 0.918, remember that we are observing the chart in the 4H interval.
In the short term, the ADA has a resistance to overcome at the price of $ 1.086, while the next resistance is at the price of $ 1.12 and $ 1.15.
On the CHOP index, we can see that the last energy has been used to lower the price, but now the energy is slowly starting to rise again.
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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.