If Ada over 0.1 easy 0.2usd!

In the Ada versus Usd chart i see that big Inverse head and schoulders formation that if it breaks above 0.1 i see it easy going to 0.2 psycological.
If scheley releases succesfully as the first true decentralized Proof Of Stake: then i see it going parabolic to the all time high and even passing that.
Why?
Because if markets go crazy and hype the prices are simply irrational.
Here is trading topic so no arguments that the price is not important.

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Crazy market which you witnessed in 2017 was due to drain of China’s FIAT out of the country via crypto channels, pipes are closed now while regulations kicked in the other countries. Different times are in front of us :slight_smile:

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In my view 2017 price was driven by expectation.
Now it is driven by results.
And in btc i see a new hype building up with social media coins drawing atention in to the space.
People will realise that btc ada and others are true decentralized coins and are real.
Now together with scarcitie ,that will build up a new hype that may be much bigger then the Previous.
Conclusion:Once the results come in the price will surpass the price reached in previous hype.
Crypto is world currency…

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