Making an exception for a short/medium-term analysis: When will the price of ADA reach a historical high? It depends on when it breaks through $1.20.
After breaking through $1.20, if the overall environment is favorable, it could quickly reach $3, with not much resistance in between. This is because $1.20 is roughly the average price at which retail investors started to FOMO in the last bull market.
From a fundamental perspective, ADA also has the actual support to break through $3. As for where it can go after breaking $3, it depends on the understanding of the regulatory ceiling. Further research is needed.
The nature of ADA: Although I don't engage in short-term trading, after years of observation, I have a deep understanding of ADA's nature. It is no exaggeration to say that without a long-term perspective and an understanding of its value, it is a very difficult coin to hold.
From the candlestick chart perspective: Once there is any disturbance, ADA drops very quickly. And when all projects are rising, ADA does not rise either. After you sell, ADA can increase by 30% in a day. At the peak of emotions, ADA can rise five times in a day and over ten times in a month.
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