Cardano Nears Critical Resistance, Potential Breakout to $0.80
- Cardano (ADA) is trading at $0.7232, marking a +7.70% daily gain.
- ADA has broken above the 200-day EMA at $0.7101 and is nearing the 200-day SMA at $0.7832.
- A breakout above $0.75 could trigger a rally toward the $0.80–$1.00 range.
- Since early April, ADA has surged over 40%, showing strong recovery among altcoins.
- Bitcoin is approaching the $100K mark, and Ethereum is attempting to hold above $2,000.
Cardano’s recent gains have brought it close to key resistance levels, with a potential breakout above $0.75 signaling further upward momentum toward the $0.80–$1.00 range amid broader market strength.
Source (2.6)https://www.newsbtc.com/news/cardano/cardano-approaches-critical-resistance-break-above-could-trigger-move-to-0-80/?rand=52377
