ADA to $1.70: Needs to Hold $0.63 Support, Says Crypto Analyst
- ADA needs to hold the $0.63 support to boost bullish momentum.
- A 1.70 target is ideal for ADA by early next year.
- Staying below $0.63 would drag ADA into further consolidation.
According to Ali Martinez, a renowned cryptocurrency analyst, Cardano (ADA) needs to hold the $0.63 support to have a chance of returning to $0.85 soon, amid more bullish expectations. Martinez noted his ADA analysis in an X post, using a sideways symmetrical triangle pattern to explain what he expects of the scalability-focused cryptocurrency.
ADA’s Confluence of Indicators
Martinez’s latest post contained a screenshot of an ADA 12-hour chart from TradingView, revealing a classic symmetrical triangle pattern, with…
