Aliens TLDR

Now ADA price sees bulls returning to the scene as Cardano trades at an attractive discount.

ADA would be expected to see quite some inflows from investors and buyers at the current price who may be looking to pick up some interesting cryptocurrencies at a discount.

ADA price will see investors start to buy back in once bulls can break above $1.67 around the intersection from the descending black trend line and a historical level that has been well respected since June.

The two false breakouts on December 2 and 3 will make investors nervous, and would only see them starting to buy in when the price can consolidate above that level.

ADA/USD daily chart ADA bulls will, therefore, be closely watching for any breaks and the behavior of price action around $1.67.

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