Cardano price is experiencing a bull market trend even with ongoing consolidation in a bullish pattern. A notable price movement has been observed, stemming from a modest market upturn as bulls actively attempt a rally. This pattern hints at a potential rise for Cardano to $1.30, indicating investor confidence.
Bitcoin has also maintained a steady position above $104,000 following its recent recovery, adding a positive sentiment to the cryptocurrency market. The price projections for Cardano align with a bullish Cup & Handle pattern, a classic technical indicator pointing toward upward momentum.