In the early morning campus, I stroll along the tree-lined path of Tsinghua, but my thoughts have already flown to the world of cryptocurrency. As a young person passionate about financial markets, I am always drawn to the stories behind those numbers.
Recently, $ADA strongly broke through the $1 mark, skyrocketing 30% in just 24 hours, currently standing steadily at $1.06. Trading volume also surged by 150%, reaching $6.7 billion. According to analyst Ali Martinez's predictions, ADA's price rise has a long way to go, potentially reaching $6. Technically, ADA's trend is similar to previous up cycles, with $0.8 as a key support level; if it holds, the future upward space will be larger.
On-chain data also shows strong bullish signals, with open interest rising by 34% and the amount liquidated from shorts reaching $9.77 million. Cardano's market cap doubled in 17 days, with a single-day profit of $165 million, setting a new high in 8 months. Analyst Dan Gambardello also believes that ADA's key support level is at $0.8, with a resistance level at $1.05, indicating significant upward potential ahead.
I have fully invested in $ADA , setting my target price at $6. At the same time, I am also looking for the next potential coin, expecting more than tenfold growth before the end of the year. If you want to keep up with my pace, remember to like and leave a message, and I will share my investment strategies for free.