As ADA continues to consolidate sideways, we can see here that it is coiling up for a move soon. Currently, our local major support zone has been holding strong since mid-August.
If we break above $2.36 - $2.42, then I would be very bullish on ADA as it will attempt to make new all-time highs in the coming weeks.
Not financial advice. These are just my ideas and opinions.
@sergiut2000, Yes, although that would require Bitcoin to dump hard for that to happen. If Bitcoin drops to 50K again, then I could see ADA dropping lower than $1.91.