📈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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