Potential Upward Channel
ADA's price finds support at a crucial level amid signs of a bullish pattern formation. Previous support levels now act as resistance, suggesting a potential upward channel formation, yet the overall market trend remains bearish.
4/22/20241 min read
Recently, the price of ADA has found support at a crucial level and there are signs of a forming bullish pattern. Additionally, previous support levels are now acting as resistance. There is a possibility that a new upward channel is forming, but overall, the current market trend remains bearish.