Strong Weekly Chart Trends
Crypto analyst Sssebi is bullish on ADA, citing strong green candles on the weekly chart and increased buying pressure. This suggests a positive underlying trend.
Smooth Ascent Predicted
Sssebi predicts a 50-60% surge for ADA in the next week. He notes the lack of major resistance levels until $1.2, indicating a relatively clear path for the cryptocurrency.
Potential for $3 by May
Based on historical performance, Sssebi sees similarities to past market cycles where ADA rebounded strongly after a significant pullback. He projects ADA could reach $3 by May.
Technical Resilience and Foundation Building
ADA has demonstrated resilience by holding support levels. The 50-day moving average provides a safety net during retracements, indicating the cryptocurrency’s technical strength.
Trajectory Towards $1
Despite recent fluctuations, ADA is trending positively and could potentially surge towards the $1 mark. The market analysis suggests a favorable environment for a potential surge in the near future.
