ADA is the cryptocurrency associated with Cardano, a blockchain platform. Cardano is a blockchain project that aims to provide a more secure and scalable infrastructure for the development of smart contracts and decentralized applications (DApps).
I start to accumulate ADA in this area because prices are
Right at the lower trendline of the ascending channel
Just above the Fib 0.5
If you have any news on their projects, please share in comments. Many thanks!
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The latest weekly candleclosed above the support trendline (considered price-action) and Fib 0.5.
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ADA did a nice bounce of 34%. I'm still DCAing and buy dips if any.
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Steady moves of ADA (41% since my initial post). Still along way to go (up). Double-bottom has been confirmed -> the bottom is in for ADA.
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ADA makes a x3 (+200%) since my proposed buying price. Still a long way to go but let it take its time.
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Prices have tested againt the trendline and bounced. Long-term target is still ahead in 2025.
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