Table of Contents
Price Stability and RSI Movement Suggest Possible Reversal
Bullish Divergence and Accumulation Fuel Breakout Expectations
ADA forms solid support on ADA/BTC chart as RSI trends upward, signaling buyer strength.
Whales accumulated 410M ADA in April, indicating long-term confidence despite consolidation.
Falling wedge pattern and bullish RSI divergence suggest ADA may target $0.84 and $1.00 next.
Cardano (ADA) has established a solid support zone on the daily ADA/BTC chart after recent market pullbacks. With the RSI showing upward momentum, analysts are watching closely for a potential bullish divergence that could signal the start of a breakout phase.
