ADA could be moving higher

ADA has been consolidating since the beginning of march after hitting heavy resistance at 1.50USD, and has begin to start trading in a ascending triangle formation. This is a wide formation that could conclude as late as june, however that is unlikely because crypto markets hardly stay still for long. We could see 1 or 2 more retests of the highs at 1.50USD before volatility resumes. The upside target for this pattern is 1.96USD. It should also be noticed there is strong resistance at 1.30USD and strong support at 1.18USD.