Cardano (ADA) is expected to experience a bullish upswing after a buy signal was identified on its chart. The asset saw a market uptrend, recovering from a low of $1.1336 to trade above $1.200. Analysts have identified potential targets for ADA, with one suggesting it may reach $1.8900 and become the seventh-largest cryptocurrency by market cap. Another analyst has confirmed bullish momentum, stating that Cardano is getting tighter on a forming symmetrical triangle price pattern. Cardano is currently trading at $1.2030, up 10% in the past week.
- Content Editor ( thecryptobasic.com )
- 2024-12-07
Analyst Sets Cardano Price Targets at $1.4, $1.6 and $1.8 as ADA Prints New Buy Signal