ADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump.
BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago.
ALSO, more than 50% of ADA is in Staking and it looks like it will stay that away for the long run.
I am HOLDING it no matter what until the end of the project, on my opinion Technical Analysis can´t predict much right now.
SHORT TERM: in the 4 hour graph there is still some hope left for another resistance break, but be ready in case it can´t pass it.
BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago.
ALSO, more than 50% of ADA is in Staking and it looks like it will stay that away for the long run.
I am HOLDING it no matter what until the end of the project, on my opinion Technical Analysis can´t predict much right now.
SHORT TERM: in the 4 hour graph there is still some hope left for another resistance break, but be ready in case it can´t pass it.
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