ADA Breaks $0.80, Will Cardano Repeat the Path to Historical Highs?

As the market warms up, ADA has risen more than 5% in a single day, successfully pushing through the resistance level of $0.66 for the third consecutive time. It is now approaching the $0.80 mark, with hopes of replicating previous historical trends.

The spike in March was driven by Trump's call for a 'cryptocurrency strategic reserve,' which boosted ADA, XRP, and SOL, with ADA peaking at $1.17.

Currently, ADA has just completed a symmetrical triangle breakout, and the technical indicators suggest the next target could be a 27% increase, challenging the $0.77 to $0.80 range.

Analysts indicate that if the inverse head and shoulders pattern is confirmed, ADA will begin a new round of rebound. If the previous cycle rhythm continues, there may be an opportunity to refresh historical highs in August.

However, historical experience tells us that $3 is the real mountain.