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Cardano (ADA) Poised for a Bullish Breakout: Eyes on $2 and Beyond
- Cardano (ADA) has rebounded after a sharp pullback, reaching around $0.88.
- ADA has seen a substantial 47.1% gain over the past week and remains 21% higher year-over-year.
- Analyst Ali Martinez identified a bullish right-angled descending broadening wedge pattern, with resistance at $1.14.
- Whale activity has increased, indicating accumulation of ADA by large holders.
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