The analysis focuses on the ADA chart, particularly on the shorter timeframe, noting a reaction to Fibonacci support. The price has moved from support into a resistance area previously discussed. The analysis focuses on the shorter timeframe because on the bigger timeframe nothing has changed. The price is currently facing its first resistance between 86.6 cents and 89.6 cents, identified as a standard Fibonacci resistance zone. Overcoming this zone could indicate the start of the next move to the upside. So far, the current pullback has remained corrective in nature.