Cardano’s Price Breaks Through $0.8, Could This Indicate a Major Breakout?

Cardano (ADA) has surged past the crucial $0.8 price mark and is showing strong gains of 5.9% in just 24 hours. Technical analyst Dan Gambardello highlights how Cardano’s current consolidation pattern stands out from past cycles, suggesting a more stable foundation for potential major breakout towards the $1 range. This bullish scenario is fueled by ADA’s healthy consolidation period with repeated pump and consolidate phases.