Cardano (ADA) is nearing a critical resistance level at $1.18, with analysts suggesting a potential 300% upside. The cryptocurrency has stabilized around $0.72 after recent fluctuations. Analysts, including Steph Is Crypto and Growk Finance, point to a four-year symmetrical triangle pattern, indicating a possible major breakout. A daily close above $1.18 could trigger a structural reversal, potentially driving ADA to $1.88 and $3.10. However, a sell wall between $0.70 and $0.775 poses a short-term challenge.
Cardano Targets $1.18 Resistance Amid Bullish Breakout Hopes
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