CryptoPaily

ADA S/R Flip retesting support

Long
BINANCE:ADABTC   Cardano / Bitcoin
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.

More transactions have been taking place since Oct 13
adascan.net/charts/transactions

The unique addresses have had higher lows since Oct 19
adascan.net/charts/unique-addresses

*Note: This is not financial advise. Please do your own research.

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