Cardano (ADA) experienced a 7.8% dip in its price but analysts are highlighting bullish patterns that could lead to a potential breakout to $10. Despite the recent decline, the long-term performance of ADA still shows growth, with gains of 7.3% and 1.1% over one month and one year, respectively. Analysts are identifying various patterns, such as a parabolic trend, a breakout formation, and a cup and handle pattern, all suggesting potential bullish movement. Price targets range from $2.50 to $12, depending on the analysis. Traders are advised to watch for confirmation signals to determine the market's direction.



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