ADA made a new All Time High? does it go Higher? It will face some problems soon.!
ADA is facing a strong resistance zone around 2.6 to 2.85 USD while BTC is facing 51000 resistance. A possible considerable decline may be on the way soon in whole cryptocurrency market .
Mentioned decline may at least push down ADA back to 1.6 to 1.8 USD corresponding to 0.618 and 0.5 Retracemenet Fibonacci levels respectively. More decline may happen but we just simply skip that scenario for now. Should it need any update we can do it later.
Both MACD and RSI indicators show strong bearish divergence with price. This is a considerable bearish warning which is certainly worth to be considered.
We are prepared in advance and never get shocked by the market.
Good luck my friend.