CARDANO (ADA) GROWS BY 40% IN 10 DAYS: WILL IT SOON REACH 1 DOLLAR?
On Thursday, ADA rose by 7% and surpassed the threshold of $0.80.
The current price is roughly at the 50% level of the Fibonacci retracement, calculated from the high of $1.3264 on December 3, to the low of $0.5110 on April 7.
A breakout above this level could pave the way toward the next Fibonacci target at $0.9214 (61.8%).
If the bullish momentum continues, a movement toward $1 becomes plausible.
To keep an eye on..👀