๐ Cardano $ADA Analyst Predicts 121% Rally! Can ADA Hit $1.33 Soon? ๐ฅ
๐ ADA slipped below $0.80 as bears tighten their grip, but analyst Arman Shaban spots a repeating market structure that could spark a bull run like December 2024โs surge.
๐ Key Insights:
โ Bearish order block target: $0.61โ$0.76 range
โ Potential breakout target: $1.33 (+121% from current price)
โ Network activity up 11.99% in daily active addresses over the last 7 days
โ ADA rebounded to $0.6045 after touching swing lows on July 1
๐ก Shabanโs analysis using Smart Money Concepts (SMC) suggests ADA is completing a market structure cycle with historical resistance at $0.58โ$0.62.
