Crypto analyst CoreCrypto predicts that the price of Cardano (ADA) could experience a significant breakout. The analyst identifies a bull flag-like structure that could lead to a 50% surge in price. The support for Cardano appears to be strong, signaling a potential rally. CoreCrypto advises traders to enter at the current market price and set targets at $1.08, $1.24, $1.36, and $1.49. They recommend placing a stop loss at $0.92. The bullish outlook for Cardano is further supported by whales accumulating ADA and increased usage of the Cardano network. Another analyst, Dan Gambardello, predicts a potential rally to $10 for Cardano in this bull run.
- Content Editor ( newsbtc.com )
- 2024-11-29
Cardano Price Breakout: Bull Flag Rally Points To Another 50% Surge