What Would It Take for ADA to Break Past $1? Chart Decoded
- Cardano analysts eye critical levels: Gambardello sees bullish fractal repeating
- Martinez warns ADA must hold ~$0.6347 (Fib 0.5) support to avoid drop to ~$0.53
- Carter notes broadening wedge volatility; breakdown risks $0.59, rebound eyes $1
Cardano (ADA) is drawing analyst attention as it trades near $0.656, struggling below key resistance after multiple rejections from the $0.70–$0.75 zone.
While one analyst sees bullish long-term potential based on historical patterns, others highlight critical near-term support levels that must hold.
Gambardello Sees Bullish Fractal Repeating Last Cycle
Market analyst Dan Gambardello expressed bullishness, suggesting ADA’s current chart pattern mirrors the last cycle before significant gains.
He views Cardano as a “blue-chip contender,” alongside XRP, expecting it to eventually overcome recent challenges and surprise critics.
The post What Would It Take for ADA to Break Past $1? Chart Decoded appeared first on Coin Edition.
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What Would It Take for ADA to Break Past $1? Chart Decoded
- Cardano analysts eye critical levels: Gambardello sees bullish fractal repeating
- Martinez warns ADA must hold ~$0.6347 (Fib 0.5) support to avoid drop to ~$0.53
- Carter notes broadening wedge volatility; breakdown risks $0.59, rebound eyes $1
Cardano (ADA) is drawing analyst attention as it trades near $0.656, struggling below key resistance after multiple rejections from the $0.70–$0.75 zone.
While one analyst sees bullish long-term potential based on historical patterns, others highlight critical near-term support levels that must hold.
Gambardello Sees Bullish Fractal Repeating Last Cycle
Market analyst Dan Gambardello expressed bullishness, suggesting ADA’s current chart pattern mirrors the last cycle before significant gains.
He views Cardano as a “blue-chip contender,” alongside XRP, expecting it to eventually overcome recent challenges and surprise critics.
The post What Would It Take for ADA to Break Past $1? Chart Decoded appeared first on Coin Edition.
Read More