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Cardano (ADA) Primed For Major Breakout — But Bulls Must Hold Above Key $0.80 Support

  • Cardano (ADA) experienced a significant price increase following US President Donald Trump's announcement of a strategic crypto reserve.
  • Crypto analyst Ali Martinez predicts a potential substantial price surge for ADA if it remains above the crucial support zone at $0.80 and breaks the key resistance level at $1.20.
  • If ADA surpasses $1.20, it could enter a price discovery phase with a potential price target of $10, and potentially go as high as $16.
  • However, if ADA fails to hold above $0.80, it may fall back into consolidation. At present, ADA's value is $0.81.

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