Cardano Price Prediction: ADA Tightens Inside Triangle Pattern With $1.00 In Sight
The post Cardano Price Prediction: ADA Tightens Inside Triangle Pattern With $1.00 In Sight appeared on BitcoinEthereumNews.com.
Cardano is tightening near key support and resistance levels, with a breakout above $0.70 potentially triggering a sharp rally toward $1.00 The ADA Cardano price might finally be ready to wake up. After weeks of sideways action, it is pressing up against key resistance, and many believe a breakout could be near. ADA’s tightening price pattern and rising support levels suggest a sharp move might be coming, possibly up to the $1.00 mark Cardano Price Prediction Eyes Breakout from Downtrend Cardano is starting to get noticed again, and this time, it’s for solid technical reasons. The asset has held its ground between $0.63 and $0.67, forming a rising support trend while repeatedly testing the ascending line. According to a recent chart from Crypto Winkle, ADA is now pushing right up against that key support. The setup is classic: if ADA can bounce here and break above $0.70 with volume and retest it as support, the conditions would be perfect for a sharp continuation move. Cardano forms a series of higher lows with rising support, hinting at a breakout setup above $0.70. Source: Crypto Winkle via X What makes this Cardano price prediction compelling is the confluence of support zones and breakout momentum. The chart shows a series of higher lows forming since late May, with a steepening incline suggesting growing buyer aggression. Cardano Price Tightens as Breakout Nears Cardano now finds itself at a technical crossroads. The daily chart shared by Matthew Lake shows ADA compressing inside a symmetrical triangle. The support trend remains intact, and ADA is hovering just under the bull market support band, currently around $0.73. This band has acted as a dynamic resistance for months, making this area one of the most important zones to watch. Cardano price trades within a symmetrical triangle, nearing a breakout…
