$ADA
🚨Cardano (ADA) Price Eyes Strong Comeback as Recovery Gains Momentum🚨
Blockchainballer, a crypto analyst, believes the Cardano price is staging a powerful comeback after enduring a steep sell-off and a tough rejection near the $0.85 mark. According to him, Cardano price action shows signs of a strong V-shaped recovery pattern, rebounding sharply from recent lows around $0.66.
The latest rally appears to be gaining traction, as Cardano price breaks cleanly out of a local downtrend, signaling renewed bullish momentum. With bullish strength accelerating, Blockchainballer has set a near-term target zone between $0.84 and $0.88.
He emphasized that if bulls maintain control, the Cardano price could reclaim its recent highs and possibly move beyond $1.00. In the meantime, the Cardano price has surged past the $0.75 resistance as buying pressure rises ahead of its Midnight airdrop.
The analyst expects the price of ADA may rise to $0.84 soon. Based on technical analysis, bulls are in control; the ADI is green, signalling strong bullish momentum.