SUMMARY: Short, balance of probability is that it will break down.
-- Technical --
Target is $1.18 for a downwards breaks of the rising wedge - bear signal.
Stoch RSI is overbought - bearish signal
RSI probably will continue down, after previous days of appreciation.
MACD shows momentum to the downside.
If it was to break up, say with a BTC surge, then target of ADA will be $1.70.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
-- Technical --
Target is $1.18 for a downwards breaks of the rising wedge - bear signal.
Stoch RSI is overbought - bearish signal
RSI probably will continue down, after previous days of appreciation.
MACD shows momentum to the downside.
If it was to break up, say with a BTC surge, then target of ADA will be $1.70.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.