The bears pulled the price below the immediate support at $0.31 on Nov. 21 opening the doors for a possible drop to the support line. A minor positive for the bulls is that the RSI is forming a bullish divergence. This suggests that the bearish momentum could be waning. The ADA/USDT pair could attempt a recovery from the support line, which is likely to hit a wall at the 20-day EMA ($0.34). If the price turns down from this level, it will suggest that bears continue to sell on rallies. That could result in a retest of the support line. Source - Cointelegraph