$ADA It is clear that the price has dropped significantly and reached support near $0.84, then started to bounce back slightly.

The moving averages (MA7, MA14, and MA25) are all above the price, indicating that the short-term trend is still downward.

If the price holds above $0.85, it may retest the area of $0.87 – $0.88.

However, if it breaks the support at $0.84, it may drop further to $0.82 – $0.80.

The currency is currently in a short-term downward correction.

The opportunity for it to rise depends on the support at $0.84; if it maintains this level, we might see it return to $0.87 – $0.90 soon.

But if it clearly breaks $0.84, it is likely to drop to lower levels.