Brief overview of the ADA coin.
In the past 2 weeks, I have received a huge number of requests to review the ADA coin.
What do we see on the chart?
We have an upper line that does not allow the price to rise and change the trend to an increase.
If you look, the price has been falling since September 1, 2021.
But I will not do a full review on this coin, but we will talk and answer the main question
WHEN TO BUY A COIN?
The price is in a triangle, the resistance line, which does not allow to grow, presses us from above for a VERY long time, and the support line, which keeps us from below and does not allow the price to collapse since June 15th.
Important Level $0.30
If the price breaks the lower support line and it is now $0.30, then the price will fall to the nearest support zone, which is $0.25.
Reminder This support zone halted the decline in December 2022, leading to an 85% gain or $0.46. And also on June 10, the price reversed and rose by 50% and reached the price of $0.38.
