ADA has been in the backfoot since last week, although bounced back on Saturday. Retracement took 48 hours now seem to have retraced well done to $1.0. The bottom of ascending channel serves as strong support for the near term expect a decent bounce back to $1.20 in next 12- 24 hour time. There has been strong news on the Cordano front in addition BTC and ETH are starting to retrace too.