Technical analysis by GoneLiminal about Symbol ADA: Buy recommendation (8/1/2025)

The crypto market has experienced a strong panic driven correction as the FED refuses to cut rates and inflation is on the rise while wages are slowly in decline. ADA continues to provide thrills and chills Is it time to dump? and cry into your empty wallet? IMO NO, BTC has recently taken out liquidity below the $117,000.00 price point which is a normal move, if you are over leveraged it can feel horrible but I assess as a normal correction. ADA price remains in the range in which it has formed .93 - .71 the possibility that ADA can dip deeper to .65 is possible but unlikely. This correction provides a cooling off of MACD and RSI on higher timeframes and the chart still remains BULLISH. Remember be greedy when others are fearful. A man who says he never had a chance never took a chance!