ADA coiling towards a breakout
Updated
Cardano (ADA) has been in somewhat a symmetrical triangle for the past several weeks with higher lows. The RSI is in neutral territory while the OBV has not seen a significant selling activity.
This is one of the projects with huge long term potential. They have several deals in the pipeline while the engineering team is still burning the midnight oil to get the smart contract functionality fully integrated which is coming soon.
The network activity has also picked up significantly over the past few months (adapools.org/insights).
Short term price targets:
2400 sats
2600 sats
3000 sats
Note: This is not financial advise. Please do your own research.
This is one of the projects with huge long term potential. They have several deals in the pipeline while the engineering team is still burning the midnight oil to get the smart contract functionality fully integrated which is coming soon.
The network activity has also picked up significantly over the past few months (adapools.org/insights).
Short term price targets:
2400 sats
2600 sats
3000 sats
Note: This is not financial advise. Please do your own research.
Trade active
price discovery in processComment
Money rotating from other cryptos into ADA. new ATHs
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