Cardano (ADA) is gaining attention even during a bear market, showing promising momentum on its charts. The daily timeframe indicates a potential breakout as ADA tests significant price levels.
Traders are particularly focused on its proximity to $1.03, which could lead to a strong upward rally or possible retracement, depending on the market's reaction.
Crypto analyst Dan Gambardello points to ADA's pattern of higher highs and higher lows as indicators of its strengthening momentum in the market.
Source: coinedition.com ↗