The previous week saw a surge in the price of ADA as traders anticipated a breakout from a falling wedge pattern. However, due to Bitcoin’s decline, this breakout was rendered invalid, causing the price of the altcoin to plummet to $0.3165. Following this significant drop, ADA experienced a rebound of 18%, reaching $0.37. Nevertheless, it encountered difficulties in surpassing this newly established resistance zone. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
