Welcome to this quick update everyone. ADA has been trading below the resistance since October 2022 and broke out in the last weekly candle. This is a nice development in the price action. Technically ADA can go for a run of 40x in the next bull Run. Is it possible? Well, I don't know but what I can see in the chart is it went 167x in the last Bull Run. Considering the worst-case scenario I think 10X would be a decent target in the next 2 years.
The best Accumulation Zone would be $.34 to $.44.
Target:- $0.94 in the short term.
Long-Term Targets:- $3.6 TO $9.22
What are your thoughts on this? Let me know in the comment section and do hit the like button, it motivates me to post more often.
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