Cardano (ADA) is currently consolidating within a critical price range with the $1.3 resistance level being a key hurdle to overcome. Breaking above this level could indicate a mid-term uptrend and potentially target the $2 resistance zone. However, failure to break out could lead to prolonged consolidation or a bearish reversal. ADA recently broke out of a descending wedge pattern, initiating a price surge, but is currently facing seller pressure. A decisive breakout above the consolidation range will determine the next major move, with a bullish breakout potentially triggering a sustained rally and a rejection at $1.3 possibly leading to further declines.



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