ADAUSD has been testing and re-testing a key level, breaking this level has a skeptical for the coin. If it can achieve this, then the trend will take a bearish ride, if not the price will automatically head for the bulls.
Supply levels: $0.077, $0.085, $0.100
Demand levels: $0.073, $0.068, $0.060
ADAUSD Trends: Ranging
ADAUSD is stocked within the price resistance level of $0.085; the market seems to be biased about moving further below or going up. Hence, this calls for patience, because if the price eventually breaks below this price barrier, the trend will be regarded as a bearish one, but if the barrier stiffens then the price will head on the price resistance level of $0.100.
From the daily chart, the price is in-between the 14 and 50 Exponential Moving Averages, and the MACD Indicator Histogram and signal lines are on the flat mode.
ADABTC Market Analysis
ADABTC has loss volatility from the bearish trend that it embarked for several days, the market is operating in an open area after much fall trying to cap in for a lower low level.
The price is below the 14 Exponential Moving Average, and the MACD Indicator Histogram and signal lines are signaling a weak bearish trend.
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