Will Cardano Reach $1.20? Key Resistance at $0.88, Short Liquidations Point Towards Bullish Momentum

Cardano (ADA) is currently trading near the $0.83 level after a 1% gain in the last 24 hours despite being down 4% over the past week. Technical indicators suggest that breaking the $0.88 resistance could propel ADA towards its target of $1.20. This breakout is crucial, as it aligns with Ali’s prediction. )