Cardano Breaks Out Of Falling Wedge Pattern, Analyst Predicts 70% Rally For ADA
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Cardano (ADA) has shown a 2% increase in the past 24 hours and over 12% in the past two weeks, deviating from the struggles of Bitcoin and Ethereum. Technical analyst Captain Fabik predicts a 70% rally for ADA, potentially reaching $0.704, due to a confirmed Falling Wedge Breakout. Despite the optimism, some analysts like Crypto Bullet remain cautious, not predicting new all-time highs. Market expert Jesse Olson also highlights bullish indicators for ADA, but notes resistance levels that need to be surpassed. The upcoming Chang upgrade with new governance features adds to the bullish sentiment around ADA.
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