ADA doesn't seem to be able to catch a break. Great fundamentals, yet still in early development so the market is simply uninterested. Currently we're sitting at a critical fibonacci level but aren't really seeing any serious bounces off it. Cardano did not respect the 61.8 level either.
So the next stop for ADA must be the next support down. Thanks to the volume profile we know exactly where this is. Consider going long when we reach this region, if you're interested in investing long term.
So the next stop for ADA must be the next support down. Thanks to the volume profile we know exactly where this is. Consider going long when we reach this region, if you're interested in investing long term.