$ADA

It has dipped below the 20-day EMA ($1.05), indicating that the bulls are rushing for the exit.

The 20-day EMA is flattening out, and the RSI is close to the midpoint, suggesting a possible range-bound action in the near term. The sellers will attempt to pull the price towards $0.90, which should act as a strong support. 

The bulls will be back in the driver’s seat after pushing and sustaining the price above $1.20. The ADA/USDT pair could rally to $1.24 and eventually to $1.33, where the bears are likely to mount a strong defense.