Cardano’s native token, ADA, appears poised for a big rally thanks to major developments in its ecosystem and partnerships with well-known crypto protocols. The altcoin has surged as Bitcoin (BTC) approaches $100,000.

ADA price is up 9.35% in the last 24 hours, with a weekly gain of 11.11% and a 30-day gain of 223.41%. ADA is currently trading at $1.15, down 63.33% from its all-time high of $3.10 during the last bull run. According to Cardano Price Prediction’s in-depth analysis, ADA could reach $1.36 by the end of the year.

The TradingView daily chart below shows ADA breaking through several resistance zones before meeting resistance at $1.25. If ADA breaks through this level, it could move towards $1.50. The Relative Strength Indicator (RSI) is at 81.11, which shows that buyers are in control of ADA’s price action. The RSI gradient suggests that ADA’s price rally will continue in the near future, and investors can expect the cryptocurrency to approach $2 soon. Meanwhile, the MACD histogram is also bullish, and the signal line continues below the MACD line, suggesting that buyers continue to dominate.$XRP $ETH