ADA/USD faced bearish correction this Thursday, following a bearish Wednesday. The price is still trending above the 20-day Bollinger Band, showing that it’s still overvalued. ADA/USD daily chart ADA/USD bears dropped the price down from $0.0976 to $0.0945 this Thursday. This followed a heavily bullish Wednesday, wherein the price flew up from $0.0833, climbing above the 20-day Bollinger Band, in the process. The price is still trending above the Band, indicating that it’s currently overvalued, and may fall even more. The MACD and Elliott Oscillator have both had two straight bullish sessions of increasing intensity. Support and Resistance ADA/USD has one strong resistance level at $0.0976. On the downside, healthy support levels lie at $0.0889, $0.0844, $0.0823 (SMA 20) and $0.0736 (SMA 50). 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 AUD/USD struggles to carry four-day winning streak above 0.6900 FX Street 3 years ADA/USD faced bearish correction this Thursday, following a bearish Wednesday. The price is still trending above the 20-day Bollinger Band, showing that it’s still overvalued. ADA/USD daily chart ADA/USD bears dropped the price down from $0.0976 to $0.0945 this Thursday. This followed a heavily bullish Wednesday, wherein the price flew up from $0.0833, climbing above the 20-day Bollinger Band, in the process. The price is still trending above the Band, indicating that it’s currently overvalued, and may fall even more. The MACD and Elliott Oscillator have both had two straight bullish sessions of increasing intensity. Support and Resistance ADA/USD has… 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.
