Technical analysis by FireXForex about Symbol ADA on 12/9/2021

ADA is still in a downtrend, and with the coming drop in BTC, which will cause the entire ALT Coin market to fall once again, we may purchase ADA at a price of $1.055, which represents an excellent potential to double our investment in a short period of time. The other reasons: Daily divergence occurs. It will eventually reach the bottom of the upper channel and the main channel at that rate. Additionally, price will approach the bottom of the short term downward channel at that point.