#ADA Price Prediction: Rally Poised to Continue

This week, Cardano (#ADA ) price surged 25% to break above $1.29, marking its highest point in nearly two years. The rise reflects the growing optimism among investors and traders.

The current upward momentum is strong as $ADA approaches a key resistance level. The market's focus is on the psychological level of $1.30, and investors are watching to see if this rally can continue.

To maintain the upward momentum, Cardano needs to successfully break through the $1.30 resistance level and turn it into support. If this level can be defended, the rally may continue. However, failure to hold this position may lead to a pullback to the $1.01 support level, erasing recent gains and possibly marking the end of the bullish trend.

If Cardano successfully holds the $1.30 support level, the next target may be $1.50. A break above this level would further confirm the current strong rally, solidify the bullish outlook and make $1.50 the next key resistance level. #ADA