Top 5 Crypto Performers Overview: ONT, ADA, ETC, BCH, IOTA

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If the bulls scale and sustain above $1.22947704, the recovery can extend to $2.26296972.

Short-term traders can buy on a weekly close above $1.22947704 and keep a stop of $0.78.

The ADA/USD pair has risen sharply in the past seven days: it has broken out of the range and has risen above the 20-week EMA, which is a positive sign.

Traders can buy 50 percent of the desired allocation on a weekly close above $0.051468, and buy the rest on a minor dip to the breakout levels.

We are recommending two different buy levels because strong breakouts do not retrace, so if the pair continues to move up, the traders will have some chips in the game.

On most occasions, breakouts pullback; if that happens, we want to buy at lower levels.

If the bulls push the price above $5.889, it can rally to the next overhead resistance of $9.50.

Traders can buy on a breakout and weekly close above $5.889 and keep a stop loss at $3.3.

On the other hand, if the price scales above $0.4081, it can move up to $0.560 and above it to $0.6499.

We shall wait for the price to sustain above $0.4081 before proposing any trade in it.

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