Cardano (ADA) is showing similarities to previous bull cycles and analysts predict that it may soon breakout above the key resistance level of $1.50. This could result in a major rally, with potential price predictions for March 2025 ranging from $2 to $2.50. On-chain data also indicates that institutional investors are accumulating ADA tokens, signaling growing confidence in the cryptocurrency. With technical indicators aligning and historical price patterns repeating, Cardano appears poised for a breakout. Traders and investors should closely monitor the $1.50 resistance level and upcoming announcements from the White House crypto summit for potential market movements.
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