Look!!! Cardano Price Analysis: Can ADA Continue to Reach $1.3 After a 12% Surge Daily?

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The price movement of Cardano (ADA) closely follows Bitcoin, with the market continuing to rise after weeks of consolidation. Technical analysis suggests that ADA may even surpass Bitcoin in the short term.

The ADA/USDT chart shows that the price has rebounded from the support level of $0.75, breaking through the bearish trend line, and may rise to $1.3 or even higher in the coming weeks.

On the ADA/BTC pairing chart, the ADA price has broken through the 1,000 SAT region, rising back above it to become a new support zone. It is expected that the price may further push up to 1,500 SAT, and with the 200-day moving average rising, ADA may experience a rebound against Bitcoin.

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