ADX $ADA confirms the upward trend

From January 1 to January 4, the price of Cardano rose from $0.85 to $1.06, while the ADX increased from 11.8 to 50.3. ADX measures the strength of the trend on a scale from 0 to 100: values above 25 indicate a strong trend, while below 20 indicate a weak or absent trend. $BTC $TRX

Despite the high ADX value, the price of ADA has recently pulled back a bit, raising questions about the duration of the upward trend. Although the EMA lines remain bullish, the price decline may indicate a pause or possible consolidation phase.

For the price of Cardano to continue to rise, buyers need to regain control. Otherwise, the trend indicated by the ADX may weaken. #Binance250Million