Cardano

bullish

Rally

<p>Cardano’s <a href="https://coinpedia.org/price-prediction/cardano-price-prediction/" target="_blank" rel="noreferrer noopener">ADA has shown impressive performance</a>, up by 35 percent in the last seven days. The altcoin is currently trading near the $0.77 level and analysts predict that <a href="https://coinpedia.org/news/cardanos-price-eyes-1-will-consolidation-propel-ada-30/" target="_blank" rel="noreferrer noopener">ADA will soon hit the $1 mark</a>.</p>   
<p><a href="https://www.youtube.com/watch?v=OuIr8u2K-C0" target="_blank" rel="noreferrer noopener nofollow">According to analyst Josh of Crypto World</a>, Cardano is facing resistance at the 50% Fibonacci retracement level, located between $0.82 and $0.83 on the weekly chart. This is an important level to watch, as it may limit short-term price movement. However, a confirmed breakout above $0.83, supported by strong candle closes, could push the price toward higher targets.</p>   
<h2 class="wp-block-heading" id="h-bullish-breakout-potential-nbsp"><strong>Bullish Breakout Potential</strong>&nbsp;</h2>   
<p>Once Cardano breaks above $0.83, the next major target lies between $1.12 and $1.23, marked by the golden pocket zone. This range is a key price area for further upward movement. The larger trend remains bullish, with Cardano forming higher highs and higher lows, hinting at an ongoing momentum.</p>   
<p>"With Cardano's recent surge and a potential breakout on the horizon, now's the perfect time to read the Cardano price prediction and stay ahead of the curve!</p>   
<h3 class="wp-block-heading" id="h-short-term-price-pattern-nbsp"><strong>Short-Term Price Pattern</strong>&nbsp;</h3>   
<p>ADA is forming a bullish continuation pattern known as a symmetrical or horizontal triangle. This pattern suggests the price could <a href="https://coinpedia.org/news/cardanos-price-eyes-1-will-consolidation-propel-ada-30/" target="_blank" rel="noreferrer noopener">continue rising after breaking out</a>. The price target for this pattern is approximately $0.85, and a larger breakout could see a 30% to 43% gain, with a potential move to $1.18.</p>   
<p>However, a confirmed breakout above $0.83 would be necessary to move towards these higher price targets, and any failure to break this resistance could lead to a short-term pullback.</p>   
<h2 class="wp-block-heading" id="h-cardano-vs-bitcoin-nbsp"><strong>Cardano vs. Bitcoin</strong>&nbsp;</h2>   
<p>Looking at the Cardano/Bitcoin (ADA/BTC) chart, Cardano has recently outperformed Bitcoin, showing strong bullish momentum. The ADA/BTC chart is bouncing off a key support level, which has historically been followed by significant bullish moves. The last time this occurred was in late 2019 and early 2021, leading to major rallies.</p>   [post_titles_links postid="382847"]   
<h3 class="wp-block-heading" id="h-bullish-divergence-nbsp"><strong>Bullish Divergence</strong>&nbsp;</h3>   
<p>A bullish divergence is forming on the ADA/BTC chart, signaling the potential end of a long bear market against Bitcoin. To confirm that Cardano is indeed entering a new bull market, we need to see either a higher low or higher high on the chart.</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732177235434">
  <strong class="schema-faq-question">Will Cardano hit $1?</strong> 
  <p class="schema-faq-answer">Cardano hitting $1 depends on broader market trends, adoption growth, and investor sentiment. It’s possible, but uncertain amid current volatility.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732177370953">
  <strong class="schema-faq-question"><strong><strong>How high can Cardano go by the end of 2025?</strong></strong></strong> 
  <p class="schema-faq-answer">According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.42 by the end of 2025.&nbsp;&nbsp;</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732177489924">
  <strong class="schema-faq-question"><strong><strong>Can Cardano overtake Ethereum?</strong></strong></strong> 
  <p class="schema-faq-answer">Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 8 to 10 years.</p> 
 </div> 
</div>

Cardano Price Prediction For November 21: 43% ADA Rally on Cards Today

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