I had high hopes for this coin, mainly because of its technology. However, over the years, the team and founder have moved at a snail’s pace. What once looked like a strong hand has been mismanaged.
Key Observations:
1️⃣ Fundamentals: Technological updates have lagged, leaving ADA feeling outdated compared to newer projects.
2️⃣ Technicals: On the candlestick charts, ADA is stuck in a sideways downtrend. Bollinger Bands show almost no volatility — meaning if you bought now, you could be stuck indefinitely.
Given this, I decided to exit fully. If this is my decision as a long-term investor, short-term traders and speculators face even greater risks.
#ADA #Crypto #MarketUpdate {spot}(ADAUSDT)
{spot}(ADXUSDT)
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول.اطلع على الشروط والأحكام.
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