🔴 $ADA to Look Forward to $5 to $15 Range 🔴
Two TradingView analysts have identified bullish patterns for Cardano (ADA), projecting a potential rally to $5-$15. AugustusAsir highlights a multi-year bullish pennant, suggesting a significant price surge. ADA has traded within a symmetrical triangle since September 2021, forming a broader bullish pennant pattern.
Key resistance levels are at $3.10 and $1.7600, with support at $0.1679. Indicators like volume profile, RSI, and MACD support this optimistic forecast.
CobraVanguard identifies a falling wedge pattern, a bullish reversal signal. Cardano’s price has risen to $0.4270, with immediate resistance at $0.5 and support at $0.38 and $0.29. Bullish divergence in MACD and RSI confirms a positive outlook, indicating potential price appreciation.
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