🚀 Cardano ($ADA ) Breaks Key Resistance, Eyes New Highs! 💹
💡 Key Highlights:
🔸 $ADA smashed through the $1.25 resistance, turning it into support on the 4-hour chart.
🔸 📈 The breakout marks the end of a multiyear downtrend, confirmed by the 200-week SMA holding strong at $0.76.
🔸 The MACD is soaring in the positive region, with the bullish crossover from November 8 still active.
🔥 What’s Next for ADA?
If this uptrend continues, the next target for bulls is $2.40! 🎯
📊 ADA/USD Weekly Chart (Source: Cointelegraph/TradingView)
🌟 TL;DR:
Cardano is gearing up for another leg up, with market conditions strongly favoring the upside. Stay tuned as ADA continues to dominate the charts! 🚀
* DYOR, research before investing
