The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.Binance funding rate for ADA turned positive
A reversal from its newly-found resistance could pose a downside risk in the coming sessions. At press time, ADA was trading at $0.433.Source: TradingView, ADA/USDT Then, ADA marked a compression in the $0.438-0.4301 range for over three days. This trajectory entailed a rectangle-bottom-like structure. The coin could see a low-volatility phase in the next few sessions before a plausible breakout.
Source: News Formal (newsformal.com)
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