ADA is now at 0.16u. Last week it bounced up from that low point at 0.138u, but it has fallen back down again today.

Such a brutal drop must be for a reason: this year, the community put the project’s own annual summit directly to a vote and rejected it— the budget didn’t pass, the event was canceled, and things escalated internally. With the project in turmoil like this, the market naturally won’t look favorably.
But there’s one difference: more than 60% of this coin is locked up by holders and not being sold, so the amount actually in circulation isn’t that large. That’s why it has never fully collapsed.
0.14u to 0.15u is the most important support below— it held last week.
If it holds, you can look at 0.20u; if it breaks, then we’ll see.#ADA $ADA