🚀 Cardano surpasses $1 for the first time in months… and eyes are set on $2! 💥
📈 In a strong leap, Cardano (ADA) rose by 20% within 24 hours, breaking through the $1 barrier again after a long period of fluctuations.
💡 Details of the recent movement:
The price surged from $0.845 to $1.01 in just one day.
ADA has surpassed a resistance level that previously limited the rises at $0.95.
The most important support currently: $1.00, and breaking below it could bring us back to the $0.95 area.
🎯 Target levels if the upward momentum continues:
First resistance: $1.17 – $1.18
Next targets: $1.24 – $1.43 in the near term.
In a strong positive scenario: $1.70 and perhaps $2.30 in the medium term.
⚠️ But be careful…
Rapid rises often attract profit-taking, so maintaining stability above $1 will be key to continuing the upward trend.
📊 Summary:
Cardano has regained an important psychological level, and the next phase may determine whether it is on the verge of the strongest rally in over a year, or if it will enter a short correction before continuing to rise.
💬 Discussion question:
Do you think ADA will succeed in reaching $2 in the upcoming period, or will the psychological barrier hinder the upward path?
#ADA #Cardano #Cardano #Cryptocurrencies #Technical_Analysis #استثمار
