Acala Token (ACAUSDT) 75% Rally ForecastAcala Token (ACA) has swiftly risen to the top of our favorites list, and for good reason—its price action is nothing short of extremely bullish. The end of 2023 marked a significant turning point for ACAUSDT as it boldly broke free from a descending channel, setting the stage for an impressive journey.
Following the breakout, a substantial and extended pullback unfolded, only to be halted by the steadfast support of a simple uptrend trendline. This trendline also found solidarity with the top of the descending channel, which his a crucial intersection that showcased ACA's resilience.
Direct your attention to the supply/demand zone hovering near $0.09. Today, ACA is breaking above this zone, signaling a potential transformation into a demand area once more.
In the grand scheme of things, the stars are aligning for Acala, and we're anticipating a 75% price increase in the next month or two.