#ADAUSD appears to be breaking out of its broadening descending wedge pattern. The measured move could take the price to $2.22, but, as with all things crypto, this is largely dependent on what Bitcoin does, and could be derailed at any time by a huge market dump, which is entirely possible.
Approaching this development with cautious optimism.
Let’s see if it’s able to pass thru the 1.4$ resistance
Crypto_Mayhem
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@WouterDendas, Yeah, the prior local top at $1.45 will be strong resistance as well. We could see pullbacks around that area first before continuation. All hinging on Bitcoin behaving itself, obviously.