$ADA just flipped yesterday's high into support at $0.2131 and hasn't looked back, up 7.89% this week and 32.53% over the last month.
tim draper's camp is claiming a new $80M orion fund to run a 10 week accelerator for cardano founders, per BSC News and cointurk. that's draper's own bet talking, not a verified catalyst, but that kind of money sitting on top of a coin already grinding higher is worth watching.
the tape backs it up too. daily RSI sits at 62, right in the sweet spot before overbought, MACD histogram is positive on both the daily and 4h, and volume the last 5 days is running 1.09x the prior 20. setup score is 7 out of 14, nothing to get cocky about, but the direction is clean.
$ADA trades at $0.2147 right now, off a 24h high of $0.2175. if it holds $0.2131, i think this keeps grinding toward the 10 day swing high near $0.2584, that's 20.3% of room left. if it loses $0.2131, i'm wrong on this and anyone who bought the bounce is holding a broken support with nothing left to defend.
holding $0.2131 or losing it, which one are you betting on?
tim draper's camp is claiming a new $80M orion fund to run a 10 week accelerator for cardano founders, per BSC News and cointurk. that's draper's own bet talking, not a verified catalyst, but that kind of money sitting on top of a coin already grinding higher is worth watching.
the tape backs it up too. daily RSI sits at 62, right in the sweet spot before overbought, MACD histogram is positive on both the daily and 4h, and volume the last 5 days is running 1.09x the prior 20. setup score is 7 out of 14, nothing to get cocky about, but the direction is clean.
$ADA trades at $0.2147 right now, off a 24h high of $0.2175. if it holds $0.2131, i think this keeps grinding toward the 10 day swing high near $0.2584, that's 20.3% of room left. if it loses $0.2131, i'm wrong on this and anyone who bought the bounce is holding a broken support with nothing left to defend.
holding $0.2131 or losing it, which one are you betting on?
