🔥 Is Cardano's price about to explode? After breaking through the bullish flag pattern, the target is aimed at $1.33!

🚀 Will Cardano's price leap? The breakthrough of the bullish flag pattern suggests an 89% increase!

Cardano (ADA) has maintained a range of $0.67 to $0.72 over the past week, and the current price has steadily risen above $0.70. As market sentiment improves, ADA's technical chart shows strong bullish signals, and if it breaks through key resistance levels, the price could soar to $1.33, with an increase of up to 89%.

📈 Bullish flag breakthrough: The $1.33 target is within reach!

Analysts have noted that a bullish flag pattern has appeared on ADA's 3-day chart, and historically, this pattern usually indicates strong upward potential. After successfully breaking through the current flag's upward trend line, ADA's target price could be aimed directly at $1.33, indicating that the upcoming price may rise significantly.

💪 Strong bullish sentiment supports price increase

Data indicates that since mid-April, ADA's funding rate has remained positive, suggesting strong bullish demand. The capital flow in the derivatives market, the increase in open interest, and traders' expectations for ADA's continued rise all provide strong support for the upward price movement.

🧐 Dual bullish sentiment from market sentiment and technicals

According to recent market dynamics, ADA has found strong support above $0.70, and the bullish upward trend line along with increased trading volume near the breakout point further confirms the strength of the bulls. If ADA breaks through the resistance level of $0.73, there could be a short-term rebound opportunity to $1.60, with long-term forecasts even reaching $10!

💡 Conclusion: ADA's breakout is about to explode, targeting $1.33

If ADA successfully breaks through the current resistance level of the bullish flag pattern, a strong increase is expected in the short term, and the price could reach the target of $1.33. Continuous capital inflow and support from the technical chart make Cardano a focal point for investors, and future trends are worth looking forward to!