🔥 ADA Fell Through Key Support: More Bearish Pressure Coming

A while ago I made an analysis on ADA. In this analysis I stated that ADA was trading on and around a very important area of support. This area has been holding strong for almost a year.

As of yesterday, ADA fell through the support area. The fact that this support didn't hold indicates to me that there's more selling to come. If BTC remains weak as of late, I think we will move towards the nearest support around 0.70, potentially lower.

Happy trading!