Data by CoinGecko shows ADA trading 20% in 24 hours(source), following an announcement that the blockchain network will soon support smart contracts functionality.
see YouTube announcement from IOHK CEO, Charles Hoskinson :
This morning (Eastern time) ADA is trading at $1.77 amid the push by the bulls to close the day past 1.868. The uptrend has been consistent with ADA goign trough resitances and support areas.
The short-term technical shows that ADA has a bullish outlook that continues to support the uptrend. MACD = BUY.
ST, a break above the immediate hurdle at $1.8 could push ADA above $2.
previous targets:
1.40
1.67
1.84
Support: $1.4 and $1.2
Next Resistance: $1.8 and $2
We might have a new ATH. We'll keep monitoring ADA in the next few days, there's alot of good things coming.
Good luck and good Profits.
GGP
Not financial advice just my opinion! DYOR
Agreed!
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