ADA price settled below the $0.1600 level and it is currently in a bearish zone.
ADA price is struggling to move higher. ADA has to settle back above $0.1550 to start a fresh recovery in the near future.
however, around $0.1600 price level would be great to trigger an upside wave.
If the price fails to move above the $0.1500 level, there is a chance of a downside reaction back towards $0.1400.
Below $0.1400, there is a risk of ADA trading to a new low.
Nice analysis, my favorite platform coins. ADA is the one of the few that I'd put my money on that. I always choose high market cap coins as that seems safest bets.