If we average percentage of previous drops from high to low, we would get an average drop of 31.27% this time which corresponds to ~ 1.02 USDT per ADA. Bounce from that level is expected since $1 is also big psychological support level. If the price drops even lower, I would expect drop to 0.9-ish region.
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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.