Analyst Ali Martinez predicts ADA could increase by 266% to 4 USD. Currently trading at 1.08 USD, ADA has seen a weekly rise of 20.9%, indicating strong investor sentiment. Martinez suggests that ADA’s pattern resembles past cycles, hinting at a significant price upswing soon.
Martinez highlights Bitcoin’s crucial position in its price cycle, needing to close above the 50-day moving average to confirm a bullish trend. The Tom Demark (TD) sequential indicator also signals a positive outlook for several projects, including Worldcoin (WLD) and Celestia (TIA), showing potential upward movements.
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