I'm going to make a longer-dated chart but, looking at the price action on the hourly on this current ADA update. ADA is in a bullish consolidation coming out of a triangle hugging the trend line. There is a lot of internal things happening with ADA today as it just reached a remarkable milestone in its road map with the hard fork mary update today. My guess is ADA consolidates along this trendline with a breakout happening sooner or later. If we do end up breaking down from here. I'd look for 1.20 for support.
My outlook is a another breakout is coming, it's just a matter of time. Today's update to the Cardano system was successful which is very good news for HODLERS.
My outlook is a another breakout is coming, it's just a matter of time. Today's update to the Cardano system was successful which is very good news for HODLERS.