Following ADA
ADA is one of the Cryptos I follow by years. Last cycle it got me very nice returns. This time I came back lat ;( But still I saw a great potential. In my guess, the Bull cycle is beginning.
Cardano (ADA) is on an exciting upward trajectory, trading above the crucial $1 mark and showcasing robust network activity. With over 840,000 transactions and total fees hitting 279,000 ADA, the blockchain is proving its growing utility and real-world value. This sustained momentum is encouraging for investors as ADA aims for new highs, particularly the critical resistance at $1.15. If it breaks through, we could see a significant rally ahead.
However, it's essential to watch for any signs of consolidation around these levels, as they could impact short-term movements. The next few weeks will be pivotal for ADA, and the optimism surrounding its adoption and transaction metrics is palpable!
Note that this is my personal view and it's not a Financial advice. In addition, emotions are the most important thing to control when investing!
This comment is after a News on Tradingview.com