🚀 $ADA — will it be able to reach $1 again?
• In the next 1–2 weeks — there is a high probability that it won't: at the current level of ~$0.67, this is almost twice the previous level.
• But in the medium term (1–3 months) – it is quite possible under the conditions of:
1. Bullish trend in the market;
2. Events around Cardano (DeFi, scalability, Hydra, etc.);
3. Increase in capital interest – potentially even from institutional investors.
Although the growth to $1 means an increase of ~+48%, which requires sustainable fundamental and market triggers.
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💡 Trading Idea
📍 Entry Level: $0.65–$0.67
🎯 Targets:
• Medium-term: $0.80 – $0.90
• Maximum: $1 (with positive news dynamics)
⛔ Stop-loss: $0.62 – suppression on bad news
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✅ Summary
• Short-term ($0.67 → $1 in a week) — unlikely.
• 1–3 months — chances are there, but external factors are needed for this.
• Keep an eye on the fundamentals: DeFi upgrades, institutional demand, and trends in the crypto market.
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💬 What do you think, when might ADA return to $1: in 3 months or is it still a distant prospect?