$ADA

The highlight is the upcoming meeting between its founder Charles Hoskinson and Argentine presidential candidate Javier Milei. This event indicates that Argentina may usher in a more positive policy trend in the field of cryptocurrency. Given Milei's support for cryptocurrency, the market has high hopes for the potential application prospects of Cardano in Argentina, which has stimulated the market's positive expectations and pushed up the price of ADA.

At the same time, the movements of large investors in the ADA market cannot be ignored. The continued hoarding behavior of "whales" demonstrates their firm confidence in the future development of ADA. This trend undoubtedly adds strong momentum to the price increase of ADA.

From the perspective of technical analysis, ADA has successfully broken through the descending wedge consolidation pattern, which is a clear bullish signal, indicating that ADA is expected to continue its upward trajectory in the coming months. Based on the analysis of this pattern, ADA's potential upside target is set at around $0.638, which represents about 70% upside compared to the current price. However, investors should also remain vigilant. If the price pulls back to the wedge range, it may mean that the current upward trend is facing a test.

In summary, whether it is the favorable policy expectations brought about by the meeting between Hoskinson and Milei, or the technical breakthroughs and the active participation of large investors, they all constitute the key factors driving the price of ADA up. Looking ahead, the market will pay close attention to the follow-up impact of this meeting and the overall dynamics of the cryptocurrency market, especially against the background of continued increase in holdings by large investors, the further performance of ADA is worth looking forward to. Currently, the buying price of ADA is $0.3545, and the current price has climbed to $0.3812, showing a strong upward breakthrough momentum.