The Cardano price prediction for January 28, 2025, indicates the cryptocurrency is currently consolidating within a symmetrical triangle pattern. This formation is often a precursor to potential price volatility, prompting interest from market analysts.
As it stands, Cardano is trading at $0.9588 and is positioned at a critical phase. Analysts are closely watching the $1.06 resistance level, projecting that if Cardano breaks above this threshold, it could experience a significant price surge of around 40%, targeting $1.27.
While the broader cryptocurrency market is experiencing a sell-off, Cardano's technical setup has positioned it as a potential standout performer if it can break through.
