Will ADA break the trending channel? Monthly graph
ADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump.
BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago.
ALSO, more than 50% of ADA is in Staking and it looks like it will stay that away for the long run.
I am HOLDING 50% no matter what until the end of the project, on my opinion Technical Analysis can´t predict much right now.
For short term profits my target is 0,39 for now.
BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago.
ALSO, more than 50% of ADA is in Staking and it looks like it will stay that away for the long run.
I am HOLDING 50% no matter what until the end of the project, on my opinion Technical Analysis can´t predict much right now.
For short term profits my target is 0,39 for now.
