Some prominent cryptocurrency analysts have predicted an important rally in Cardano. An analyst known under the nickname World of Charts noted that the ADA breakout has been confirmed and the tokens are moving accordingly. Analysts expect Cardano to hit the mark1 mark in the coming weeks.
Similarly, another analyst, Trend Rider, has identified a bullish pattern for #Cardano . They point to #ADA price gains after a bullish signal appeared on the daily chart, and they expect ADA to rise above the 0.05 level in the short term.
Dan Gambardella, founder of Crypto Capital Venture, also shared his opinion on Cardano price volatility. He mentioned that ADA is above the 20-day moving average (MA). Gambardella mentioned that a golden cross formed on Cardano's daily chart when the 50-day moving average crossed the 200-day moving average.
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