ADA's weekly momentum is turning heads. Up roughly 9% over the past week and currently hovering near $0.40, the price action is catching traders' attention. Market analysts are pointing to a multi-year symmetrical triangle pattern forming, with a solid demand zone sitting between $0.28 and $0.38.
For bulls, the key is maintaining support above $0.30—that level keeps the upside scenario alive. If ADA breaks out from this pattern, targets could extend significantly higher toward $2.60 and beyond $10. On the flip side, watch the downside carefully. If price dips below $0.28 or the MACD shows a bearish cross, it could shift the short-term bias lower.
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ServantOfSatoshi
· 1h ago
That $0.30 level is really crucial; if it can't break through, you need to be careful.
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NickName?
· 01-11 01:23
Is the 0.30 level really that critical? It seems like every time someone says a certain price is a life-and-death line, but in the end, it doesn't amount to much.
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FrogInTheWell
· 01-10 21:02
It's truly dangerous if the 0.3 line can't hold. Don't be blinded by the 9% increase.
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LadderToolGuy
· 01-10 20:43
Haha, ADA is jumping again. Is this really different this time?
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TokenDustCollector
· 01-10 20:43
0.30 this support is really critical; if it breaks, it's game over
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Ser_Liquidated
· 01-10 20:38
Is the 0.30 level really that critical? It seems like every time someone says a certain price is a life-and-death line, but in the end, it doesn't amount to much.
ADA's weekly momentum is turning heads. Up roughly 9% over the past week and currently hovering near $0.40, the price action is catching traders' attention. Market analysts are pointing to a multi-year symmetrical triangle pattern forming, with a solid demand zone sitting between $0.28 and $0.38.
For bulls, the key is maintaining support above $0.30—that level keeps the upside scenario alive. If ADA breaks out from this pattern, targets could extend significantly higher toward $2.60 and beyond $10. On the flip side, watch the downside carefully. If price dips below $0.28 or the MACD shows a bearish cross, it could shift the short-term bias lower.