ADA Struggles to Close Above a Critical Resistance Level
Despite the bounce in Bitcoin’s price, ADA is currently struggling to overcome a critical resistance level. Cardano price is now 2.17$ is there any possibility that it will rise soon or reach a new ATH because the btc is now back to bullish and the current btc price is now 51,602$.
Cardano and Binance are competing for the best position on Coinmarketcap. The third and fourth positions are between Cardano and Binance. However, the Bitcoin price changes in recent days have had little effect on the ADA coin, while BNB continues to be active. I think the ADA coin will continue to struggle for the best position this year. Meanwhile, Tether is highly dependent on market conditions. If the market condition is pumping, then Tether will fall, if the market is in a dump, then Tether will get the best position.
Your statement is the opposite of what's happening right now, ADA is moving ahead and earned the number 4 spot while
Tether gained the number 3 position, Bitcoin still moving ahead and close to reached $60K. BNB is experiencing downfall
or a short correction, a good time for investors below $400 is still good to invest for long term, possible to reached $1K
once the market start to pump high.