Cardano (ADA) price is poised for a breakout after consolidating, closing at $0.78482 today with a 3.3% gain.ADA price reclaimed moving averages and faces resistance at the 100-day SMA at $0.79913 on the daily chart.Immediate resistance levels for ADA are $0.80 and potential targets are $0.86–$0.88, supported by strong moving averages.The Fibonacci retracement and risk-reward analysis suggest a bullish outlook for ADA with a potential target of $0.86.