#ADA
The three-hour chart has just formed a golden cross for the first time since August, showing a clear bullish signal in the short term. Currently, the price is stable above 0.74, and the RSI has rebounded from the oversold zone to 46, indicating an increased possibility of a warming sentiment and stabilization at the bottom.
However, trading volume is still relatively low, and for a short-term breakout, we need to see if there can be an increase in volume. If it can break the psychological barrier of 1 dollar, it may trigger a new round of market activity and even open up larger upside potential.
Is this golden cross + low-volume rebound the beginning of a trend reversal?
We can keep an eye on it.