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ADA retest of 0.1650 by end of week?
Been watching $ADA fairly closely today, saw that dip down towards 0.16635 earlier. Given the broader market sentiment and a bit of a wobble across altcoins, I'm leaning towards a retest of the 0.1650 level by Friday. I'd put the probability around 60-65%, especially if $BTC can't hold its current consolidation and sees another leg down. Just thinking out loud, not financial advice.
3 comments · 4 points
Interesting take. I'm not so sure it'll drop that low, given how quickly it bounced back from that dip today. Do you think there's enough selling pressure still, or is it mostly dependent on what BTC does?