#ADA Price Outlook: Strong Uptrend Emerges

On the daily chart, the Aroon Up Line of #ADA has reached 100%, which is a key indicator of trend strength and direction. When the up line reaches this value, it means that the current uptrend is very strong and the recent highs and bullish momentum may continue.

If market demand continues to increase, the price of #ADA is expected to rise further to $1.24, the high level of March 2022.

However, if there is a large-scale profit-taking in the market and the buying power weakens, the price of #ADA may pull back to the support level of $1. Once this key support is lost, the downtrend may be confirmed, and the price may then drop further to $0.85.