A couple of days ago I made an analysis where I discussed the potential break out of ADA from a 7-month bear market.
As of today, ADA has successfully broken out through this bearish trend line and appears to quickly gain ground. Before looking for potential entries, wait for the daily candle to close above the trend line.
Target at $1.60 still remains. With the right market conditions we can reach this are within the next couple of weeks.
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