Cardano (ADA) surged past the upper boundary of its descending triangle, marking the end of over 60 days of confinement. This key breakout has coincided with increased activity from large ADA holders.
The heightened action has sparked bullish sentiment around the altcoin, leading to a significant rally of 33%.
As momentum builds, ADA's price shows potential for an additional 33% rally, indicating strong investor confidence in the cryptocurrency's near-term prospects.
