Recently, I discovered an interesting phenomenon—the on-chain activity data of ADA is clearly heating up. Many people are discussing the driving force behind this rally, and I also observed the market trend.
Currently, ADA is priced at $0.386862, and the overall trend is quite strong. Looking at technical indicators, the RSI is at 59.4, indicating that the bulls are indeed in control. From market sentiment, recently many new coin pre-sale projects have been very popular, which has also boosted trading activity across the entire crypto ecosystem. This heat naturally spills over into mainstream coins. The performance of ADA and AVAX has also strengthened, reflecting a gradual increase in market confidence.
From a technical perspective, there are several key points worth noting. The support level below is at $0.371400, resistance above is at $0.402300, and the breakout point in the middle is at $0.396500. I think if it can really break above $0.396500, the probability of surpassing $0.402300 will be higher.
Let me share my trading approach. I tend to allocate 30% of my position around $0.386862 to give myself room for adjustment. If the price falls below the support line at $0.371400, I will cut losses decisively; conversely, if it breaks through $0.396500, I plan to increase my position to 50%, targeting $0.402300.
Of course, the crypto market changes rapidly, and it’s easy to get caught up in the hype. But after calming down and thinking about it, volatility is inherent to this market, and managing risk well is more important than anything else. That’s my current view. What does everyone think?
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HappyToBeDumped
· 18h ago
ADA this wave is really interesting. I've been paying attention to the on-chain activity heat-up signal for a long time. But to be fair, whether it can stabilize at 0.39 still depends on the subsequent volume support. RSI at 59.4 suggests there might still be room.
Wait, you said 30% allocation then add up to 50%? Bro, that's a bit aggressive in risk management haha. I usually just take a 10% position first to taste, then add slowly on dips. That's how the crypto crashes happen step by step.
If that 0.371 level breaks, I really have to run, even though the probability doesn't seem high, I still have a psychological shadow.
Making money easily can lead to a mental explosion.
This round of hype is indeed driven by new coin presales, but how long it can last is still uncertain. Whether ADA can finally break 0.402 still depends on the overall market sentiment.
By the way, do any of you see this rebound as a real rebound, or are you genuinely optimistic about the follow-up?
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0xOverleveraged
· 01-05 19:49
Speaking of ADA, this wave is indeed quite interesting, on-chain data is heating up.
That's right, but I think the key level at 0.396500 is really crucial.
Risk management is real; I just didn't do a good job, so I lost.
Support seems to need to be tested further down, it still doesn't feel fully stabilized.
Starting with 30% position is steady; if it were me, I would have gone all in already haha.
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ContractTester
· 01-03 16:52
ADA this wave is indeed interesting; the increase in on-chain activity is not without reason
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If support breaks at 0.371, we'll admit defeat; there's nothing to fuss over
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Honestly, RSI at 59 is still early; for a real breakout, it needs to push towards 70
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Allocate 30% and then wait? I prefer to go all in directly, haha
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This rhythm looks like it's about to break through 0.396; if you add to your position then, remember not to be greedy
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Market confidence is recovering? I think it's more about the siphoning effect of new project hype; ADA is just riding the wave of popularity
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You're doing the right thing with stop-loss; the biggest fear in crypto is holding through losses, which can leave psychological scars
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Can 0.402 really break? Feels like a mirage again
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The worst thing is being stuck oscillating around 0.396; that's the most annoying
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FlashLoanKing
· 01-03 16:50
ADA feels okay at this pace now, but whether it can break through the key level of $0.396500 is the real point of interest.
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Good risk management indeed allows for longer survival, much more comfortable than those who go all-in.
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To be honest, RSI 59.4 isn't particularly strong; be careful not to get caught by a rebound.
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Is the increase in on-chain activity real, or is it just big players doing a wash? No one can say for sure.
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A 30% open position insurance, but I'm worried that if it breaks out later, I might miss the opportunity. Conflicted.
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Setting stop-loss at 0.3714 might be too tight; a small dip could get you stopped out.
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Market confidence rebounding? I feel like it's just the hotness of new coins, and ADA is just riding the wave.
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The probability of breaking through 0.3965 largely depends on the overall market sentiment; looking at ADA alone is meaningless.
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JustHereForAirdrops
· 01-03 16:45
ADA this wave is indeed interesting. The on-chain data is heating up, which is a signal.
Wait, you said the support level? I need to check it repeatedly. It feels like the 0.37 line might break a bit too quickly.
A 30% initial entry is safe, but I'm still a bit hesitant. I might wait and see.
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WalletDivorcer
· 01-03 16:35
ADA this wave is indeed interesting. On-chain data is heating up, but I still need to see a break above 0.396500 before making any moves.
Honestly, a 30% position at the start is cautious, but I'm just worried it might be another false breakout playing me.
View OriginalReply0
DAOdreamer
· 01-03 16:26
ADA this wave is indeed quite interesting. Whether on-chain activity heating up is reliable or not depends on what happens next. I think it still depends on whether it can hold steady above 0.396.
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A 30% allocation sounds stable, but honestly, it's a bit timid. This is not how the market moves when it's rallying.
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I agree that risk management is important, but your stop-loss point is set a bit tight. It feels like it’s easy to get shaken out if it hits 0.371.
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When RSI is just over 59, claiming the bulls are in control? Brother, that conclusion is a bit premature.
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The worst thing is fake rallies caused by spillover of hype from new coins. ADA tends to follow the trend and might rise first and fall first, so we need to stay alert.
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0.402 is not a dream, but I think the probability isn't as high as you say. The market keeps fluctuating, and that can really get you caught up.
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Your approach seems to aim for steady growth, but in the crypto world, there’s no such thing as absolute stability. Adapting to changes is more realistic.
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When you add to 50% position, remember to leave an exit route. Don’t get blinded by FOMO.
Recently, I discovered an interesting phenomenon—the on-chain activity data of ADA is clearly heating up. Many people are discussing the driving force behind this rally, and I also observed the market trend.
Currently, ADA is priced at $0.386862, and the overall trend is quite strong. Looking at technical indicators, the RSI is at 59.4, indicating that the bulls are indeed in control. From market sentiment, recently many new coin pre-sale projects have been very popular, which has also boosted trading activity across the entire crypto ecosystem. This heat naturally spills over into mainstream coins. The performance of ADA and AVAX has also strengthened, reflecting a gradual increase in market confidence.
From a technical perspective, there are several key points worth noting. The support level below is at $0.371400, resistance above is at $0.402300, and the breakout point in the middle is at $0.396500. I think if it can really break above $0.396500, the probability of surpassing $0.402300 will be higher.
Let me share my trading approach. I tend to allocate 30% of my position around $0.386862 to give myself room for adjustment. If the price falls below the support line at $0.371400, I will cut losses decisively; conversely, if it breaks through $0.396500, I plan to increase my position to 50%, targeting $0.402300.
Of course, the crypto market changes rapidly, and it’s easy to get caught up in the hype. But after calming down and thinking about it, volatility is inherent to this market, and managing risk well is more important than anything else. That’s my current view. What does everyone think?