ADA eyes a 50% rally if it breaks $0.80 resistance, with $1.12 as the next major target.
Cardano's native cryptocurrency, ADA, has been consolidating within a symmetrical triangle pattern, indicating a potential breakout.
Technical analysts have identified a crucial resistance level near $0.80. A breakout from this level could propel ADA towards $1.1278, a 50% increase from its current price.
Market sentiment remains optimistic, as ADA shows bullish indicators and a comparison to Amazon's early growth phase.