Cardano: Is $0.80 next for ADA as bulls take control?

Cardano: Is $0.80 next for ADA as bulls take control?

ADA is approaching a critical juncture as it tests the upper resistance of a descending parallel channel around the $0.708 level.

Cardano’s ADA Approaches Critical Juncture Analysis for Traders

Renewed Bullish Sentiment as ADA Tests Key Resistance Recent trading activity for Cardano (ADA) has shown a notable ascent to $0.7205 on its daily chart, signaling a potential resurgence of bullish conviction among investors. After a phase of consolidation marked by minor upward progressions, ADA’s current valuation hovers near a crucial resistance area identified at $0.7219. This movement represents a potentially substantial turn in market sent…

Cardano Eyes $0.80 Breakout as Bullish Momentum Builds

Cardano is making waves as it pushes above the $0.70 mark, eyeing a reclaim of the $0.75 resistance level. This bullish traction comes amidst a broader crypto market rally, with Bitcoin charging towards $100K and Ethereum breaking out above $1,900. The renewed volatility and bullish momentum have sparked excitement across major altcoins, and Cardano is standing out as a promising contender. Source

Cardano Price Spikes, Momentum Signals Extended Action Above $0.700 · Cardano Feed

Summary:Cardano price has risen sharply on Thursday as its momentum secures $0.700 support. Here's why an extended upside is likely. Cardano price has reclaimed the $0.700 support, reflecting the broader...

Cardano Price Spikes, Momentum Signals Extended Action Above $0.700

Cardano price has reclaimed the $0.700 support, reflecting the broader market performance. The coin was up by 6.7% at the time of writing and traded at $0.714, bringing its weekly gains to 5%. In addition, it has registered gains in six out of the last seven days, affirming a strong bullish momentum. Why ADA Price Is Primed For Further Upside Approximately $800 million worth of ADA coins were traded in the last 24 hours, with the trading volume …