🟡 According to Capitan Fabik, the ADA token has gained over 12% in the last two weeks. The analyst believes that the asset has surpassed an important level of $0.407 and expects it to rise by about 70%. His forecast suggests that the ADA price could reach around $0.704. Users are also anticipating a steady rise toward the $0.80 mark.
🟡 Cardano is showing additional technical indicators on the daily chart that suggest the continuation of the current upward trend. Another market expert, Jesse Olson, also highlights a buy signal on the ADA daily chart. According to the analysis, the target price for the asset will be $0.650, but the coin will need to break through several resistance levels to sustain a position above this value.