Cardano Bull Run Targets $2.90 in Ongoing Surge
Cardano ($ADA) eyes $2.90 as bullish momentum builds. A return to $1.30 is likely before a bigger breakout.
- Cardano’s price structure suggests a return to $1.30 is near
- Bullish breakout pattern mirrors past rallies
- Larger target sits around the $2.90 mark
Cardano ($ADA) is showing strong signs of continuing its bullish momentum. After a series of successful breakout patterns, the cryptocurrency appears to be setting the stage for another major move upward. Traders and analysts are keeping a close eye on key price levels, especially the $1.30 zone, which could act as a launchpad for further gains.
The ongoing rally has caught attention due to how closely it mirrors past surges. Each of these past breakouts showed consolidation followed by a sharp upside move. If Cardano follows the same script, the next phase could see its price pushing well beyond the current levels.
$1.30 Level Is a Key Pivot Point
Looking at Cardano’s chart, the $1.30 mark is not just a psychological barrier but also a historically important level. In previous rallies, this price acted as both support and resistance. Returning to this level would signal that the current move is more than just a short-term bounce.
More importantly, such a return would align with previous bullish setups where consolidation near $1.30 preceded a strong move higher. This means that a break and hold above this level could serve as confirmation of the next leg up.
$2.90 in Sight for the Bulls
If the current trajectory holds, Cardano’s next major price target sits around the $2.90 level. This isn’t just a hopeful guess—it’s based on measured move targets from previous bullish structures. As long as $ADA maintains its momentum and avoids sharp corrections, reaching $2.90 could be a realistic outcome in the medium term.
Investors and traders alike should watch volume trends and overall crypto market sentiment, as these could influence how quickly or confidently Cardano reaches this ambitious target.
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