ADA/USD went down from $0.78 to $0.75 this Tuesday. Presently, the overall market sentiment remains bearish. Following this Monday’s bullish movement, ADA/USD has been taken over by the bears once again. This Monday, the price went up from $0.735 to $0.775, however, the bears took over and since then, the price has gone down from $0.78 to $0.75. Technical Indicators show us that the overall market sentiment is pretty bearish, so a further drop in price is expected. ADA/USD Daily Chart The second last session took the price back up inside the 20-day Bollinger band. The market is currently trending very close to the lower curve of the 20-day Bollinger band. Short-term support lies at $073, while on the upside, the nearest resistance is at $0.79. The relative strength index (RSI) indicator is currently trending at 45.45. The Elliot Wave Oscillator shows 16 consecutive bearish sessions. The signal line is diverging away from the MACD line showing increasing bearish momentum. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/JPY witnesses pullback to 111.80 as Tokyo opens FX Street 4 years ADA/USD went down from $0.78 to $0.75 this Tuesday. Presently, the overall market sentiment remains bearish. Following this Monday's bullish movement, ADA/USD has been taken over by the bears once again. This Monday, the price went up from $0.735 to $0.775, however, the bears took over and since then, the price has gone down from $0.78 to $0.75. Technical Indicators show us that the overall market sentiment is pretty bearish, so a further drop in price is expected. ADA/USD Daily Chart The second last session took the price back up inside the 20-day Bollinger band. The market is currently trending… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
