TRADERS 'EXPECTS' CARDANO ADA PRICE TO RALLY 70%

Cardano's ADA price is expected to rally 70% due to its recent surge in momentum, driven by the launch of its Node 10.1 upgrade, which introduces enhanced governance and delegation features .

This upgrade is a significant step in Cardano's evolution, preparing the network for the upcoming Chang 2 hard fork.

Analyst ZAYK Charts predicts a 60-70% price increase, citing a breakout from a falling wedge pattern on the 1-day chart . The ADA price has already seen an impressive 5% increase within the past day, trading at approximately $0.3751, with a critical resistance level at $0.38 .

$Key Factors Contributing to ADA's Price Rally:

Node 10.1 Upgrade: Introduces new governance capabilities and prepares the network for the Chang 2 hard fork .

Technical Indicators: Breakout from a falling wedge pattern on the 1-day chart .

Increased Investor Interest: Growing optimism in the cryptocurrency market .

Bullish Momentum: MACD indicator shows a positive crossover, suggesting buying momentum .$ADA