#AltcoinBreakout

Cardano ADA price remains nearly four times lower than its all time high of $3.10 achieved in 2021.

However it has shown multiple bullish signals across various time frames, indicating that the rally may continue. ADA has broken out of a bull flag on the weekly chart, converting key resistance levels, such as the 50-day and 200-day simple moving averages, into support.

The measured target for this bull flag is $2.70, representing a potential 216% increase from the current price. 🔥