🚀 Cardano ($ADA ) signals a price increase!
Currently, ADA is holding above the 100-day EMA, simultaneously forming a bullish flag pattern and an inverse head-and-shoulders pattern, indicating a breakout potential.
👉 If confirmed, ADA could advance to the $1.07 zone (+30% from current levels).
👉 Conversely, a drop below $0.68 would negate the bullish scenario.
The macro context also supports: weak US job reports may prompt the Fed to cut rates by 25–50 basis points, helping capital flow more strongly into risk assets.
Additionally, the SEC is about to make a decision on the spot ADA ETF in October – a factor that could attract institutional capital, providing a boost for ADA.
⚠️ This article shares market information only, not financial advice. If you finish reading and plan to sell your motorcycle to buy ADA, remember to factor in the gas money for commuting! 😅