ADA had a wonderful year in 2017, crazy run than no one thought was possible. Things were said like "impossible Circulating supply , unreal Market cap. Still it was possible to bring ADA from 3 cents to 1 USD!! That is like magic!
ADA was my third magic trade after ETH and NEO! Sold it with 10x profits and waited for the price to correct. The bottom actually went to 14 cents again, where one of my bottom fishing buy order was waiting forgotten!!
Just think logically, what is the risk, downside and upside of this coin at this moment? The Cardano project is quite solid as well and lately ADA was added as a USDT pair on Binance, was already one on Bittrex. That is usually good sign for the fundamental part.
I do believe we can go again to the old ATH, going through the 1 USD, that would be a psychological target for many sellers. And more to the upside to the next targets if the big money will want to drive this for more profits.
At the moment ADA showed the breakout from the bottom, currently trying to go higher. Retracements will of course be present along the way, some of them quite heavy, depending on BTC movements. But long term we should see those targets hit. Don't hesitate to take profits when those are hit.
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