The crypto market is heating up, my people!! 🚀 Is Cardano ready to explode by 30%? This is not just a hallway rumor, it's an explosive combo of hard data.

Watch out, this is getting good! Experts are saying that Cardano (ADA) has everything in its favor to make a brutal leap of 30%. It's not magic, it's the alignment of several pieces falling into place.

First, the charts: the price of Cardano is dancing above the moving average (the 100-day EMA), a level that has always been a cushion to avoid falling. Additionally, patterns are forming that make analysts' eyes shine: a bullish flag and an inverted head and shoulders pattern. In investment language, this translates to a signal that strength is returning to the coin and a strong tide change is coming. If everything is confirmed, we could see Cardano hovering around $1.07. That’s where the money moves!! 💰

But, what is behind these charts? Two bombs that are no small matter.

  1. The Fed and the economy: In the United States, employment data came out weaker than expected. What does that mean? That the Federal Reserve, the central bank over there, might have to lower interest rates to revive the economy. When rates go down, people look for places to invest to make their money grow and surprise!, cryptocurrencies become super attractive. It's like putting turbo on the entire market. ⚡

  2. The SEC and ETFs: In October, the U.S. Securities and Exchange Commission (the SEC) has to decide whether to approve a Cardano ETF from the company Grayscale. Why is this big news? Because an ETF is a huge gateway for large investors, those who manage millions, to invest in Cardano without much hassle. This could inject a huge amount of capital into the token. It's the dream of any crypto. 🚀

Of course, not everything is rosy. Experts also warn that if the price falls below $0.68, the entire optimistic scenario would collapse. So, while analysts keep their eyes on the charts, everyday people are paying attention to what the Fed and the SEC say. This is how the market drama is lived!

Is it that the combination of good technical news and important decisions is the push that Cardano needs to break out? Stay tuned because the show is just getting started! 👀$ADA