Cardano was one of the best performances on low time frames. The upper encrypted currency alludes to more profits, as Bitcoin price crosses a new rise all the time and we are approaching the long -awaited Altcoin season.
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At the time of this report, Cardano is trading at $ 0.74 with 18 % profit over the past 24 hours. In the highest time frames, the coded currency records 28 %, followed by 20 % XRP gains during the same period.
ADA's price trends to the upside on the daily chart. Source: ADAUSD on Tradingview
Analyst says that Cardano will repeat the historic bull race
Unlike Ethereum and XRP, Cardano’s price was more consistent with his previous performance. In this sense, analyst Ali Martinez Duplicate To the formation of a bullish pattern for ADA, which can pay the digital origin above the critical level about $ 1.
The analyst claims that $ 0.55 for Cardano was a major support in high time frames. The last time that the cryptocurrency fell to this level in April this year, as we saw in the graph below, ADA managed to rise to more than 55 % and touch the mark of $ 0.85.
Martinez said while referring to the difficult momentum that has been driving Siarano since she touched the bottom of this parallel channel. If the encrypted currency can maintain this campaign, it is possible that it will touch its highest level in May before fulfilling the critical resistance.
ADA price trends to the upside after touching a critical support level, aiming for $0.82. Source: Ali Martinez via X
ADA can go up, upwards
A separate analyst also observed Cardano price procedures and the way it seems to reflect the previous patterns. The analyst claims that Cardano is entering a critical outbreak.
However, unlike Martinez, the analyst is more up and believes that the ADA price may collect up to 212 % in the coming weeks. The analyst put a price for Cardano at about $ 1.7.
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analyst I mentioned The following while sharing the graph below:
$ Ada now tests EMA for 50 weeks. Another twice across this line, increased by 212 % and 128 %. If you repeat the date, we will search for $ 1.77. Are you ready for the pump?
Cardano price to enter the $1 area over the next few weeks. Source: MinswapIntern via X
In the long run, the analyst expects the ADA vision up to 5 dollars paid in its recent ads, including partnership with TX Pipe to accelerate the growth of developers in Argentina, which is scheduled to benefit Cardano’s environmental system.
In this partnership, Charles Hoskinson, CEO of IO, He said:
Their team represents the best of the Argentine developer community, and we are working together to build a basis for the growth of the long -term ecosystems. Our cooperation also meets the broader vision to make Io Buenos AIRES Crack Center.
Image coverage from Chatgpt, Adausd Chart from TradingView
