$ADA price analysis..............๐๐๐
ADA
$0.52
ย has reached the 20-day EMA ($0.52), which is an important level to watch out for. The bears are likely to defend the level with vigor.
#ADA/USDT daily chart. If the price turns down from the 20-day EMA, the ADA/USDT pair could once again drop to $0.46. A strong bounce off the $0.46 level will suggest that the corrective phase may be over. That will improve the prospects of a break above the 20-day EMA. The pair may then climb to $0.57 and later to $0.63.
Contrarily, if the price turns down sharply and breaks below $0.46, it will signal that the bears remain in control. The pair may then slump to the crucial support at $0.40.
