We made an analysis of ADA on the ADA/BTC chart, expecting it to go 30%+ this week. Hence we have a greater than $1.7 price target for ADA
Reason:
-Cardano Africa Event on Thursday
-Cardano been consolidating for a long time and is ready for the next move up, it has been up neck to neck with BNB till BNB had a second big pump in April
-we believe Thursday will be the catalyst for ADA's next pump
-we don't believe this is a buy the rumor sell the news event as ADA has been doing nothing for the past 2 months
Conditions:
-BTC does not break down
-ADA news is actually what we heard. some major Africa country adapting ADA in their government infrastructure
Reason:
-Cardano Africa Event on Thursday
-Cardano been consolidating for a long time and is ready for the next move up, it has been up neck to neck with BNB till BNB had a second big pump in April
-we believe Thursday will be the catalyst for ADA's next pump
-we don't believe this is a buy the rumor sell the news event as ADA has been doing nothing for the past 2 months
Conditions:
-BTC does not break down
-ADA news is actually what we heard. some major Africa country adapting ADA in their government infrastructure
