Cardano (ADA) Flashes Bullish Signal—Is the Rally Just Beginning?

Cardano (ADA) Flashes Bullish Signal—Is the Rally Just Beginning?


Cardano price started a fresh increase from the $0.720 zone. ADA is now consolidating and might attempt a clear move above the $0.8650 zone.

ADA price started a fresh increase from the $0.720 support zone. The price is trading above $0.80 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.8280 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase it clears the $0.8650 zone. Cardano Price Eyes More Gains

In the past few sessions, Cardano saw a decent upward move from the $0.720 zone, like Bitcoin and Ethereum. ADA was able to recover above the $0.750 and $0.80 resistance levels.

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The bulls pushed the

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