CARDANO - ADA/USD - cycles and volume study - 09/02/2021 (GMT)

As we hit $3, it was obvious 3.07 would be the next stop to the upside. We stopped at 3.10. It is no surprise that ADA is at $3. There is more upside to come especially after Smart Contracts are enabled on Cardano. 

Technically, the 3.10 early morning top puts support at 2.91. 2.99 will be stubborn to crack to the downside. If the market starts to slip, it will start to recover at 17:00 and 19:00
Those who have 3Xed their money might initiate some profit- taking, but for ADA, the trajectory is up for now.