Hi Hive account@glimpsytips I read your post and checked ADA daily chart. It appears that right now it is best to wait as you suggested instead of going long (buying) ADA.

Cardano is in the way down from almost 3 USD to 2 USD. As you can see in the chart below.

And right now it appears on Daily chart that price may come down to at least 1.75.

If this happens then it would be wise to wait for the successful test of this support level.