<ul data-eligibleForWebStory="false"><li>Cardano (ADA) is showing a bullish broadening wedge pattern, indicating increasing technical momentum and a potential breakout on the daily chart.</li><li>Analyst Jonathan Carter predicts ADA's price targets to be between $0.80-$1.30 if it remains above the MA 50, with resistance seen between $1.00 and $1.30.</li><li>The chart suggests a bullish setup with growing volume and support levels, backed by a history of price surges following similar wedge breakouts.</li><li>MACD indicator signals a potential price recovery with ADA trading sideways but showing signs of positive momentum, hinting at a possible breakout in the near future.</li></ul>

Cardano (ADA) Forms Bullish Broadening Wedge And Aims to Reach 1.30

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