$ADA
The following targets are at:
**$1.00**: Psychological and technical target
**$1.50 – $1.80**: Medium target based on analog technical patterns with previous cycles
In an ultra-optimistic scenario, up to $1.90 and possibly reaching $3 in the case of a strong breakout and institutional support
⚙️ Additional support factors for entering ADA
1. **Recent upward momentum:**
Breaking above a downward line and RSI and MACD indicators support the continuation of the upward trend.
2. **Multiple technical advantages:**
Cardano excels with its alignment with research methodologies and on-chain governance, meaning continuous improvements after the "Voltaire" and "Basho" epochs.
3. **Increasing institutional interest:**
A rise in open interest to around $1.7 billion over 24 hours reflects the entry of new institutions.
