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ADA/BTC Is Accumulating Its Growth Potential

Nov 15, 2019

Today, we see growth potential in the ADA/BTC pair; this coin has been in the accumulation stage for a long time.

In the near future, the price will have to test the resistance line at the 517 satoshi lvl, which has been formed since August. Optimism is given by the formed ascending triangle. Commonly, after a downtrend, this figure will be a reversal.

The technical analysis indicators are in a positively neutral position, which means the possibility of the asset’s value being increased to bitcoin.

In case of the resistance line breakdown, we can see growth to 600 satoshi, and the testing of  MA200 lvl.

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