Cardano Analysis – 01.May.2025

Cardano Analysis: By analyzing the #Cardano (ADA) chart on the 3-day timeframe, we can see that over the past few months, the price surged from $0.33 to $1.32, delivering a gain of over 300%. After reaching its highest level in 3 years, it faced selling pressure and corrected down to $0.50. Currently, Cardano is trading around $0.70, and if the price can hold and close above the $0.65 level, we may expect further upside in the medium term.
The next potential targets are $0.75, $0.81, $0.93, and $1.05, respectively.
(This Post on TradingView)

Author : Arman Shaban
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