Beginning of the end of the market cycle for ADA !
ADA has been one of the early runners in this market cycle and it has cleared all major retracements levels unlike most alts which are lagging behind ADA.
Since ADA is on ATH levels,the run to the upside is not that big (at least in %) and people are fomo-ing into ADA instead of invested in coins which have not pumped.
ADA will likely peak around 5.5usd i.e 4.236 extension using the 2018 peak and the whole bear market
or
7.4usd using the 4.236 using the top and bottom of the previous correction.
#NFA
Since ADA is on ATH levels,the run to the upside is not that big (at least in %) and people are fomo-ing into ADA instead of invested in coins which have not pumped.
ADA will likely peak around 5.5usd i.e 4.236 extension using the 2018 peak and the whole bear market
or
7.4usd using the 4.236 using the top and bottom of the previous correction.
#NFA
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.