ADAUSDT: Ranging within flag until Trump Inauguration
2025-01-12
Category: None

I predict the price to range within this flag until we hit the vertical line, January 20th. One would presume a big move on this day, as Trump will be inaugurated. It's possible we continue to range within the flag afterwards, but I think a big move will happen on or very near January 20th. 

Cardano (like almost all crypto) is heavily pegged to the price of Bitcoin and almost always moves in the same direction. However, it looks like Cardano is attempting to de-couple from BTC with some success. The more this continues, the more likely we are to see large bullish moves in the price. If $1.20 breaks with high volume, expect a big move up to at least $1.50.

Not trading advice. I'm a noob, first idea.