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by: xpoolPosted on: April 24, 2025

Cardano Breaks Out of Pattern, Seeks Bullish Gains: Justin Wu Analysis

According to Wu, the breakout signals a classic bullish reversal indicator. His analysis also highlights that ADA’s price has held above a key support zone, showcasing strong upward momentum. Further fueling this optimism, he identifies two potential resistance levels: $1.2797 (T1) and $1.4853 (T2), indicating a high probability of continued price growth.

Related posts:

  1. Cardano’s Price Explodes Beyond Resistance, Will Bull Run Continue?
  2. Cardano’s Price Chart Shows Striking Parallels to Algorand’s Breakout – Is a Bullish Reversal on the Horizon?
  3. Cardano’s Lace Wallet to Support XRP, Signaling Collaboration with Ripple
  4. Ripple and Cardano Partnering for Major Integration, XRP Access via Lace Wallet
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