ADA headed to 2$
I'm going to make a longer-dated chart but, looking at the price action on the hourly on this current ADA update. ADA is in a bullish consolidation coming out of a triangle hugging the trend line. There is a lot of internal things happening with ADA today as it just reached a remarkable milestone in its road map with the hard fork mary update today. My guess is ADA consolidates along this trendline with a breakout happening sooner or later. If we do end up breaking down from here. I'd look for 1.20 for support.
My outlook is a another breakout is coming, it's just a matter of time. Today's update to the Cardano system was successful which is very good news for HODLERS.
My outlook is a another breakout is coming, it's just a matter of time. Today's update to the Cardano system was successful which is very good news for HODLERS.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.