🎉🥳🥳𝐂𝐚𝐫𝐝𝐚𝐧𝐨’𝐬 𝟑𝟎% 𝐖𝐞𝐞𝐤𝐥𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐒𝐩𝐚𝐫𝐤𝐬 𝐎𝐩𝐭𝐢𝐦𝐢𝐬𝐦 𝐟𝐨𝐫 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐝 𝐔𝐩𝐬𝐢𝐝𝐞 𝐌𝐨𝐦𝐞𝐧𝐭𝐮𝐦🤑🤑🤑😱
By Edris Derakhshi – TradingRage
Cardano ($ADA ) has emerged as a standout performer amid the ongoing crypto bull run, exhibiting strong potential for further price appreciation. The recent surge has captured the attention of investors and analysts, as technical indicators signal the possibility of even greater gains.
$ADA /USDT: Breaking Barriers
On the daily chart, the ADA/USDT pair reveals notable activity. Following a rejection at the critical $1.20 resistance level, the asset experienced a gradual downtrend. However, a swift rebound at the $0.75 support level has shifted market sentiment, breaking above the bearish trendline. This shift in momentum has paved the way for ADA to target the $1.20 resistance once again. A decisive breakout from this level could act as a springboard, propelling the cryptocurrency toward uncharted highs.
The ADA/BTC pair mirrors the bullish patterns observed on the USDT chart. The asset found solid support around the 900 SAT level before embarking on a climb toward the 1,500 SAT resistance zone. The Relative Strength Index (RSI) supports a bullish outlook, indicating robust upward momentum. This suggests that ADA could outperform Bitcoin in the coming weeks, further bolstering its position in the market.
With both #USD and $BTC pairs exhibiting promising trends, Cardano is positioned for a potentially remarkable performance in the near term. Traders and investors alike are closely monitoring these levels, anticipating significant moves that could define the asset’s trajectory in the current market cycle.
#CardanoADA #bitcoin #BinanceMegadropSolv #BTC100KTrumpEffect
