Though right now it looks like it has started a break out, but it was stopped yesterday hitting a hard resistance where as other crypto were able to move up on the 1min chart with BTC, ADA moved downwards and now returned into the smaller wedge and also it close to the end of the wedge meaning it could go down a lot. As it will be pushing ADA closer to the bottom of the wedge, we might see a fall down to 75cent due to people also seeing other crypto moving up and Fomo their money from ADA to others that are moving much more than ADA.
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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.