#BinanceAlphaAlert Meanwhile, Cardano has failed to close above the descending resistance line on multiple attempts, with the latest attempt coming up on April 20, when ADA surged to a high of $0.6346. The altcoin faced resistance at this level, leading to a rejection. At the time of Martinez’s analysis, ADA still traded within the triangle.

However, Monday’s price outbreak looks to have set a bullish momentum. ADA has broken upward from the triangle at the time of writing, with its over 3% price rally today ensuring the asset’s freedom.