ADA's current price is approximately $1.01. As market conditions evolve, pay attention to the important support at $0.90 below. If profit-taking continues, the likelihood of ADA testing this key support level will increase. If this level fails, the price may further decline to $0.77.
However, on the bright side, if buying momentum recovers, ADA has the potential to rebound and approach the resistance level of $1.06. If bullish sentiment returns, it could reach a two-year high of $1.32.
