Cardano Price Targets Upside Move Following RSI Divergence Invalidation
- Cardano’s price is currently around $0.80, having increased over 3% in the last 24 hours.
- Analyst Melika Trader predicts ADA could rally to between $0.90 and $0.94.
- A bullish channel formation suggests potential for further upward movement.
- RSI divergence was invalidated, confirming continued bullish momentum.
- Crypto analyst Ali Martinez notes a TD Sequential buy signal on the 4-hour chart.
The Cardano price is consolidating near a key support level, with analysts suggesting potential targets of $0.90 to $0.94 due to recent bullish indicators and technical formations.
Source (2.6)https://www.newsbtc.com/news/cardano/cardano-eyes-impulse-move/?rand=52377
