ADA/USD is trading 3.8% higher on the session and is one of the outperformers in the crypto market on Tuesday. Despite the move higher the volume seems to be dropping off. ADA/USD daily chart ADA/USD is one of the outperformers in an otherwise mixed day for the crypto market. As you can see from the daily chart below the previous wave high has been taken out adding to the recent higher high higher low wave pattern. The 61.8% Fib retracement has also been broken despite two failed attempts. The 76.4% Fib is now next and confluences with the 0.600 psychological zone. However, despite the move higher, there are two bearish signals that have shown up. First is the decline in volume even as the price is rising. This is often a sign that the momentum is dissipating. The Relative Strength Index (RSI) is also showing a sign of declining momentum with a bearish divergence signal. 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 bulls catch a breather at 10-week top above 0.6500 FX Street 2 years ADA/USD is trading 3.8% higher on the session and is one of the outperformers in the crypto market on Tuesday. Despite the move higher the volume seems to be dropping off. ADA/USD daily chart ADA/USD is one of the outperformers in an otherwise mixed day for the crypto market. As you can see from the daily chart below the previous wave high has been taken out adding to the recent higher high higher low wave pattern. The 61.8% Fib retracement has also been broken despite two failed attempts. The 76.4% Fib is now next and confluences with the 0.600 psychological… 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.
