Cardano has experienced a significant price surge of 81% over the past week, breaking important resistance levels. Analysts are optimistic, setting the next major price target at $1 for ADA.
Market activity suggests that Cardano bulls, possibly fueled by the activity of large investors or "whales," are behind this rally. The increased ADA whale activity indicates substantial buying pressure from significant market participants.
The next few weeks will be crucial in determining whether this bullish trend can sustain, potentially pushing Cardano towards the coveted $1 mark.
