Cardano Surges Above Resistance, Targets $2.90 as Bullish Momentum Builds

Cardano (ADA) is defying the bearish trend it’s been experiencing for months, breaking out of its downtrend and climbing towards a target price of $2.90. This strong resurgence has led to over 74% of ADA supply achieving profitability, with trading volume surging past $1.7 billion. Bullish momentum is evident in the rising charts, suggesting a shift from the bearish trend.