$ADA has broken out of the falling wedge pattern and is currently retesting the breakout level. The 21MA is acting as strong support, indicating bullish strength. A successful retest could trigger a bullish rally. However, failure to hold this level may result in further price movement back inside the wedge. #crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ADA has broken out of the falling wedge pattern and is currently retesting the breakout level. The 21MA is acting as strong support, indicating bullish strength. A successful retest could trigger a bullish rally. However, failure to hold this level may result in further price movement back inside the wedge. #crypto