We have experienced exponential growth before the release of major forks for Cardano. Yes, this growth was during the BULL market (but also during a time of doubt... where ADA was the only coin making waves), but I believe we will gain some steam to make some profits! We may see some more sideways movement for the next 2 weeks or so between $0.85-$1.05. During the month of May is when ADA will start gathering momentum which will hopefully be a parabolic move to the upside. I would take profits at key target levels Target 1: $1.24 Target 2: $1.88 Target 3: $2.30. I'm not really expecting to hit target 3 but I will be holding approx 15% of total ADA after hitting the second target. If we hit the 2nd target I will be VERY happy. Shortly before/after the hard fork I will be expecting at least a 35% drop.
GL everybody :)
GL everybody :)
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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.