🪙 Current price: $ADA trading near $0.56–$0.5621, consolidating after the recent correction
📊 Technical overview: $ADA moves in a sideways channel between $0.54 and $0.59. If it manages to surpass $0.60–$0.63 (EMA-20/50 zone), it could drive a rally towards $0.70–$0.72 in the coming weeks coindcx.com+1coincodex.com+1.
🔍 Medium term (3–6 months):
Controlled Uptrend: analysts project a gradual movement towards $0.76–$0.84 during July–September, with a possible range of $0.55–$0.88.
Possible significant breakout: some scenarios suggest that, with strong momentum, ADA could climb to $1.00–$1.15 by the end of the year.
🛠️ Key factors to watch:
Momentum of the general crypto market, especially Bitcoin's consolidation above $70k.
Adoption in DeFi and governance, with Voltaire and projects like Hydra strengthening the ecosystem.
Accumulation by large investors (“whales”), suggesting conviction and possible support for low prices.
💡 My base scenario: ADA will continue to oscillate around $0.55–$0.59 while key technical windows are confirmed. If it manages to break above $0.60, we could see a sustained rally towards $0.70–$0.80; otherwise, it would maintain a sideways phase until strong catalysts (DeFi, staking, governance) resurface.
👇 What do you all think?
Do you think ADA is ready to take off or will it continue sideways?
Are you accumulating at these levels or waiting for a drop towards $0.50?
What events do you think will be decisive?
I read you below! 🗣️
