Cardano ($ADA )Price Eyes Rally To $1 As Golden Cross Pattern Forms
Cardano ($ADA ) has recently shown strong signs of a recovery, giving traders new hope for a rally towards the $1 mark.
The price has climbed above $0.70 for the first time since March and is currently facing key resistance levels that could decide the next move.
According to crypto analyst Ali Charts, the Cardano price is approaching a major test at $0.74.
A breakout above this level could open the way for a move toward $0.88 for the $ADA price. Over the past seven days, Cardano has gained more than 12%, showing increased investor interest.
Trading volume has risen by 33% in the past 24 hours, reaching $723 million.
This higher volume signals that buyers are becoming more active as Cardano attempts to overcome resistance barriers between $0.7150 and $0.7200. If the Cardano price fails to break above these levels, it could drop back to $0.6800.
