😱Stunning Comeback! Cardano ADA Set to Erase Zero, Is a $1 Surge Imminent?🚀
Cardano (ADA) is hiding explosive potential, and the price may break through $1, erasing the 'zero'! The current trading price is about $0.68, hovering below the 100-day moving average ($0.71) and the 200-day moving average ($0.72), while firmly holding above the 50-day moving average support, showing resilience.
Bullish Signals:
Accumulation Phase: Low trading volume + RSI stabilizing at 55, indicating a prelude to a breakout.
Hidden Divergence: Short-term bullish divergence suggests upward momentum.
Breakout Path: If it breaks through $0.72, the next targets are $0.80-$0.85, potentially even approaching $1, creating a new high for 2024!
Risk Warning: If it loses support at $0.72, ADA may retrace to the $0.62-$0.60 support level. Will Cardano spark a stunning rebound? Come and watch!