🔻 ADA… down from 0.48 to 0.24 in just two months
Cardano has dropped over 50% from February until now.
The current price is $0.2495 and the MA(200) is above us at 0.367 — which means the coin is still in a clear downward trend.
But let’s look at the bigger picture:
✅ RSI(12) is at 50 — neither overbought nor oversold
✅ The price has held above the low of 0.2202
✅ Volume is very low — the market is in an accumulation phase
The important question: Is this a bottom or just a pause before another drop?
In my view:
• If it breaks 0.22 → the path is open to 0.20 and below
• If it holds above 0.25 and breaks the MA(25) → we might see a bounce to 0.30
Personally, I don’t jump into a coin in a downward trend with a single hit. If you're interested in ADA, DCA over time is much safer than throwing all your cash in at once.
Remember: Don’t invest money you can’t afford to lose. 💯
What do you think about ADA right now? Buy, wait, or ignore? Drop your thoughts in the comments 👇
$ADA
#استثمار #تداول
Cardano has dropped over 50% from February until now.
The current price is $0.2495 and the MA(200) is above us at 0.367 — which means the coin is still in a clear downward trend.
But let’s look at the bigger picture:
✅ RSI(12) is at 50 — neither overbought nor oversold
✅ The price has held above the low of 0.2202
✅ Volume is very low — the market is in an accumulation phase
The important question: Is this a bottom or just a pause before another drop?
In my view:
• If it breaks 0.22 → the path is open to 0.20 and below
• If it holds above 0.25 and breaks the MA(25) → we might see a bounce to 0.30
Personally, I don’t jump into a coin in a downward trend with a single hit. If you're interested in ADA, DCA over time is much safer than throwing all your cash in at once.
Remember: Don’t invest money you can’t afford to lose. 💯
What do you think about ADA right now? Buy, wait, or ignore? Drop your thoughts in the comments 👇
$ADA
#استثمار #تداول