ADA has been experiencing extreme bullishness in the past 2 months.
And I do not think it is done yet...
I think we are about to move into a Wave 5 Elliott's Cycle which will put us between 10,000 - 15,000 satoshis.
The rectangle at Wave 5 indicates TO ME that there was sustained growth over a longer period of time and high confidence in the coin at that period of time.
This dip is just reactionary to the 4th wave and I really believe that this coin can take off, stuffed my pockets @ $.95 before making this, already at $1.01... Good luck!
ADA will become and remain a top 3 coin in 2018.