$ADA ‌ADA has been moving inside a wide range, and after the recent pullback, the price is trying to build a short-term recovery. Buyers stepped in near the lower support zone, and the chart is slowly forming higher lows on the lower timeframe.


I checked the market using two quick methods:
1. Trend & Structure View
The recent bounce shows the market is trying to stabilize after a sharp drop. If momentum holds, price may attempt another move toward the earlier swing area. But losing the current support could pull it back into the lower zone again.
2. Indicator Check (MACD, RSI, MA)
MACD is slowly turning upward, suggesting buying pressure is returning.
RSI has moved away from the oversold zone, showing a cleaner recovery phase.
Moving averages are getting tighter, usually a sign of an upcoming directional move.
Future Outlook
If ADA keeps building higher lows and volume improves, a gradual upward move is possible. If it struggles near resistance, it may continue ranging. This is only a personal opinion, not financial advice.
ADA-1.6%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)