Ochlokrat

ADA was in Trouble and Will now Double

Long
CRYPTOCAP:ADA   Market Cap ADA, $
Together with most other cryptocurrencies, ADA has managed to recover significantly from the lows of 2022 and 2023.

While the chart outlook for the big brother, Bitcoin, is bullish, further price increases are also anticipated for ADA.

These should at least reach the highs of February 2022.

The On-Balance Volume (OBV) is confirming the trend, and signs of weakness are not apparent.
For these reasons, we hold a decidedly bullish stance on ADA.
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