Can Cardano Break Out in May? Analyzing Price Predictions for ADA

Cardano (ADA) price is demonstrating potential for a significant breakout, raising questions about whether this rally will continue into May or if it’s just another false breakout. At the moment, ADA hovers around the $0.69–$0.70 mark, prompting investors to wonder: Is ADA building momentum toward a new surge in price, or are we nearing a ceiling? Let’s delve deeper into the technical indicators and price action.