Cardano Targets $2.40 as ADA Price Moves Within Bullish Wedge Pattern - WorldNL Magazine

Cardano Targets $2.40 as ADA Price Moves Within Bullish Wedge Pattern - WorldNL Magazine

TLDR: Cardano (ADA) trades within a broadening wedge pattern formed since mid-2022. $0.38 trendline remains key support after recent pullback. Analysts project a $2.40 upside if breakout structure holds. Social metrics show rising ADA chatter across crypto platforms. Cardano (ADA) is showing signs of a potential breakout as analysts monitor its long-term ascending wedge formation. Despite a recent pullback, the crypto asset remains within a str…

Cardano Could Revisit $0.38 Support Before Surging Toward $2.40, Analyst Suggests

A new technical analysis suggests that Cardano (ADA) might revisit a major support zone before launching a significant rally. According to Bitcoinsensus, a respected market technician, the token continues to trade within an ascending broadening wedge pattern. This formation has guided ADA’s long-term structure, with price action repeatedly respecting both the upper and lower trendlines. #Cardano ready for a massive move up$ADA has been moving i…

Cardano Targets $2.40 as ADA Price Moves Within Bullish Wedge Pattern - Blockonomi

TLDR: Cardano (ADA) trades within a broadening wedge pattern formed since mid-2022. $0.38 trendline remains key support after recent pullback. Analysts project a $2.40 upside if breakout structure holds. Social metrics show rising ADA chatter across crypto platforms. Cardano (ADA) is showing signs of a potential breakout as analysts monitor its long-term ascending wedge formation. Despite a recent pullback, the crypto asset remains within a str…