CandleFocus Cardano Cup-and-Handle Breakout Signals Rally To $0.40
2024-09-24
Author: Content Editor
Cardano’s price has broken a cup and handle pattern, indicating a potential rally to $0.40. The cryptocurrency has shown healthy recovery and currently holds the tenth spot in terms of market cap. The breakout rally has surpassed the 61.80% Fibonacci level, and technical indicators suggest a bullish outlook. Potential targets for the rally are $0.381 and $0.399, with the next target at $0.452. Key support levels are at $0.363 and $0.356.
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