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$ADA is testing everyone's patience right now but something is shifting.
Looking at the daily chart and we are sitting at 0.2548. It’s been a rough ride lately with that long term downtrend, but we finally found some solid ground near the 0.23 area.
Volume is on the lower side at 98M, so there isn't a massive rush of buyers yet. However, we are forming a bit of a base here.
The immediate hurdle is that 0.264 resistance zone. If we can't clear that soon, we might just bleed back down to test the lows again. It's a boring spot to be in, but these quiet accumulation zones are usually where the real moves start.
I'm just watching the close today. If it stays green, I'll feel a bit better about a potential bounce.
Are you guys still holding this or moving on to faster coins?
#GateSquareAprilPostingChallenge