Cardano (ADA) price breaks the downward trend to open the way towards the $1.54 level#BinancSquare $ADA

Cardano (ADA) price breaks the downward trend to open the way towards the $1.54 level. Cardano (ADA) price breaks the downward trend to open the way towards the $1.54 level.

Cardano (ADA) price recorded a daily increase of 20%, surpassing the downward trend line that has been in place since late 2024, supported by the strongest weekly performance in months.

The price of the ADA cryptocurrency rose to over one dollar with high trading volumes, indicating strong activity at this level.

Traders are watching for price stability above the previous resistance to confirm the upward trend.

According to 'CryptoPulse', potential targets in the event of continued upward movement include $1.13, $1.31, and $1.54, while monitoring the Fibonacci level of 0.618 at $0.92 as a potential slowing station.