Cardano is gaining bullish traction, pushing above the $0.70 mark as it attempts to reclaim the $0.75 resistance level.
Top analyst Ali Martinez suggests that ADA looks poised for a potential breakout toward $0.80, with key support holding firm and market sentiment shifting favorably for bulls.
Cardano faces a critical resistance test near the upper boundary of a key resistance zone, with a confirmed breakout above $0.75 potentially leading to a rally toward $0.80 amidst a broader altcoin rally.
ADA is trading at $0.7232 with a strong daily gain of +7.70%, breaking above key moving averages and nearing the upper boundary of a descending channel, indicating a resurgence in bullish momentum and potential for a rally to $0.80–$1.00 range.