Cardano’s price has been steadily climbing, breaking above its 50-day moving average (DMA) as bullish momentum drives the cryptocurrency forward. Experts are divided on whether this signals the start of a new altcoin season, which could result in significant gains for ADA holders. While some analysts predict an impressive 10x rally, others remain cautious due to current economic factors. The latest price action comes amid positive news around trade and Bitcoin’s recent surge above $93,000, boosting the broader cryptocurrency market. 24-hour trading data shows a drop of 1.77%, but a substantial increase of over 13% was recorded in the past week, potentially due to bullish sentiment spurred by these positive developments.