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ADA Explodes Past $0.70 — What Now?

  • Cardano (ADA) has broken out and reclaimed the $0.70 level, signaling a bullish trend reversal.
  • ADA price has broken above the 20-day and 50-day SMAs, with strong accumulation behind the move.
  • The next resistance zone is at the 100-day SMA at $0.76, with a potential target of $0.82-$0.88.
  • If ADA can maintain support at $0.70 and break above $0.74, a move to $0.78 could be expected.

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