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Analysts anticipate ADA to potentially rise to 2 USD by February 2025

ADA has recently experienced a decline of nearly 20% in a week and 14% in a month, attributed to market corrections. Analysts highlight a bullish recovery as a possibility, especially with its stabilization above 1 USD earlier this month.

On-chain analysis reveals a selling wall of 4.3 billion ADA, posing a MAJOR challenge for price recovery. ADA’s price is expected to fluctuate between 0.8 and 1.3 USD, with 0.8 USD as crucial support to sustain its upward momentum.

This is community-generated content, not advice from ONUS.
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