📈LONG: $ADA (1M)

#ADAUSDT | #ADA | #Cardano

Current Price $1.13

Market Cap $40.72B

Change 1h -2.36% | 24h +8.04%

Monthly Indicators:

• RSI: 56 - Neutral 🟠

• MACD: 0.00 - Bullish 🟢

• EMA: 1.13 - Trading Above 🟢

Analysis:

Cardano's breakout from a lengthy 915-day consolidation in November 2024 is thrilling! The sky-high bullish volume suggests ADAUSDT is bouncing from a bull market low, promising exciting trends for investors. The breakout is a pivotal moment, showcasing immense growth potential.

Price Targets:

ADA is eyeing higher levels with initial targets at 2.48 and 3.09. If momentum continues, look for a stretch goal around 4.88. Keep an eye on these levels as Cardano continues its promising upward journey!

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