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Could Cardano Double? Chart Patterns Say This

  • Cardano (ADA) is currently consolidating near $0.58, with traders wondering if this can lead to a sustainable move back above $0.70.
  • The Relative Strength Index (RSI) hovers around 43.7, indicating a potential shift in momentum as buyers show signs of regaining confidence.
  • ADA faces resistance near $0.58–$0.60, with a breakout potentially targeting $0.70, if current support at $0.50 holds firm.
  • Short-term price prediction for Cardano in July 2025 suggests a moderate probability of an upward push towards $0.70 if key levels are maintained; traders advised to watch for breakout signals above $0.60.

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