Cardano (ADA) has burst out of the sideways trend, like a genie from a lamp!
It’s been a hot week — the candle closed above $0.80, and that means one thing: consolidation — for now! 💨📈
📊 Breakout with a flag
The level of $0.74 held for almost 2 months, but ADA finally broke through! And this is not just a breakout — it’s a classic: a bullish flag on the chart, just like in a trading textbook 🐂📘
Analysts are already drawing targets: $0.91, $1.10, $1.30, and who knows, we might even reach $2.70–$2.90 in a couple of quarters. The main thing is not to panic too early 😅
🏦 Whales in action
Grayscale added 10,450,622,261 to its fund — it’s like Warren Buffett suddenly saying “I’m for crypto” (well, almost).
Also, already 78% of all ADA in circulation — this is not Dogecoin with its endless printing. Inflation is not welcome here 😎💎
💡 Conclusion: ADA is holding strong, sentiments are bullish, investors are rubbing their hands in anticipation of $1+. We sit, hold, believe… or just watch the fireworks 🎇