ADA Moves

ADA 4hr candle chart, approximately 2:20pm ET, 10/1/21.

ADA 4hr candle chart, approximately 2:20pm ET, 10/1/21.

Following the greater crypto market’s breakout, ADA has followed suit. Currently, it’s attempting to test an upper line of resistance after holding lower support just below $2. With momentum swinging upwards and a decrease in volume since the onset of the dips, we may actually see ADA break this resistance if this buy-side pressure continues.

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10/1 FAL Weekly Digest