Cardano Breakout: Triangle Pattern Could Trigger a 27% Surge
Ali Martinez analyzes the Triangle pattern on Cardano's price, with an upward breakout that could trigger a surge of up to 27%. The current price of ADA is around $0.64, up 4% in a week.
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In a recent post on X, analyst Ali Martinez discusses the technical analysis (TA) pattern forming on Cardanoās hourly price. The pattern in question is the Triangle, which forms when an asset consolidates between two converging trend lines.