Cardano (ADA), a well-known proof-of-stake cryptocurrency, has been in a consolidation phase for the past two months, stirring interest among market analysts. Experts anticipate a significant boost in ADA's price, suggesting it might rise by 40% to reach $1.40 by March 2025. This forecast is attributed to the symmetrical triangle pattern observed on ADA's price charts.
Analysts highlight the possibility of a breakout which could coincide with a broader cryptocurrency rally. The symmetrical triangle pattern is often seen as a signal for upward momentum in asset pricing, drawing attention to ADA's future potential in the market.
Дереккөз: coingape.com ↗