Let's see how ADA is behaving.
This is a 4H chart.
The Fib retracement shows that the price is going to the higher levels, approaching retest the resistance and local resistance areas.
The market is showing SELL volumes for ADA.
Two support areas are holding the price up in case of sudden crashes. And one resistance level is pushing down on value.
The RSI shows that ADA is at the 50 levels, the center. Given that we're looking at a 4H chart, we might conclude that ADA might have a little dump in the short term.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $1.332
Let me know your ideas.
Good luck.
This is a 4H chart.
The Fib retracement shows that the price is going to the higher levels, approaching retest the resistance and local resistance areas.
The market is showing SELL volumes for ADA.
Two support areas are holding the price up in case of sudden crashes. And one resistance level is pushing down on value.
The RSI shows that ADA is at the 50 levels, the center. Given that we're looking at a 4H chart, we might conclude that ADA might have a little dump in the short term.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $1.332
Let me know your ideas.
Good luck.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.