A recent chart analysis suggests that Cardano (ADA) could experience a significant price surge of 12X. The analysis highlights a "Cup and Handle" pattern in ADA's price movement, with a breakout indicating strong upward momentum. The key breakout resistance is at $3.23, with potential targets at $6.45 and $9.33. Another analyst also suggests a possible parabolic trend, leading to a breakout to $10. The analysis is supported by whale accumulation of 180 million ADA tokens and increased network activity, indicating a potential price recovery.



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