Around a week ago I made an analysis on ADA where I discussed potential short-term moves. 1.50 was the main area of resistance to beat, with 1.39 being a minor area of importance.
As of today, we're seeing a strong candle breaking out through the 1.5 resistance. Seeing the state of the market combined with this strong candle, I think we can expect a strong upward push in August from ADA. Next main target is 1.85.
Be aware that we might re-test the 1.5 area before moving up again.
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