Krutika Adani
ProTrader “Trading Shot” sees ADA’s price at $5 in the near to medium term. Sharing his insights, the trader believes it to be a convincing trade.
According to the trade, the current trade setup shows the strongest signal in the last 12 months.
The weekly charts of ADA show that the logarithmic-MACD crossover has been completed.
The targets for the above crossover show that the crypto might reach $5 by mid or late 2025.
Moving Average Convergence Divergence is an indicator that shows if the short-term moving average is moving faster than the long-term one. If it does, then it signals a market rally.