Cardano (ADA) is poised for a massive rally potentially following its recent descending trendline breakout in this ongoing market reversal.
In addition to the trendline breakout, ADA has also formed a bullish cup-and-handle price action pattern on the daily timeframe and is on the verge of a breakout.
Investors and analysts are closely monitoring these technical indicators as they could signal a significant upward movement for ADA.