On Sept 19 & Nov 18 ADA tried to test the resistance but was not successful however today the resistance has flipped and has turned into support following a test of 535 sats. The OBV double bottomed on 26th October and ADA has been in an uptrend channel ever since. Cardano has just released its incentivized testnet which will lead to the launch of Shelley and Goguen in Mid 2020. In addition, several merchants have integrated Ada on its payment solutions (Adapay, COTIpay, travala) The fundamentals look great showing that the project is highly undervalued. Expecting the price to appreciate significantly in 2020.
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