Based on the RSI, MACD, and chart patterns, I believe the price will break through resistance at $1.63 in the next few days, and then continue to hit $1.83, pullback, and then break through that resistance to finally bounce off of key resistance at $2.15
Based on my predictions, ADA Will pullback to $1.17(RSI and MACD indicate short term pullback), then will test resistance at the area of confluence at $1.239 and hopefully break through to hit resistance at $1.48. I am not a financial advisor. Please invest at your own risk.
The pendant pattern formed by the chart shown clearly paints a picture of a map to a breakout for the bulls. I expect to see a breakout in the next couple weeks to above $6.00 depending on whether or not XTZ continues to test the pendant support and resistance lines.
