🚀 Cardano on the move! ADA has reclaimed its yearly high of $0.8, reaching the critical resistance of $1.3. However, the market could enter a consolidation phase, hovering between $0.8 and $1.3.

🔍 Technical analysis:

- On the weekly chart, ADA is showing buying pressure, but is facing resistance at $1.3.

- On the 4-hour chart, a bearish reversal pattern is observed.

What do you think? Do you think ADA will break through the $1.3 barrier? Leave us your comment! 📈