Will Cardano Reach $0.35?ADA price breaks above the $0.25 mark with a double bottom reversal.
Cardano aims to reach $0.325 after retesting the $0.25 breakout.
Deep correction phase in 2023, but Cardano plans a bullish reversal from $0.24.
Year-to-date growth in 2023 is just 6.50% for ADA.
Falling wedge breakout in the daily chart signals a bullish rally.
ADA price crosses the 50-day EMA, accounting for a 7.82% price jump recently.
Current ADA price is $0.262 with an intraday gain of 1.16%.
DMI indicator shows high trend momentum with a positive ADX line.
50-day EMA surpassed, increasing the likelihood of a golden crossover.
A rise above $0.30 could push ADA to as high as $0.356 by month-end.
A fall below $0.25 will test the $0.24 base level.
Overall market conditions and ripple effects could drive ADA prices higher.