Cardano Price Prediction: Analyst Identifies Potential Breakout to $2

Cardano (ADA) is currently trading around $0.81, with a daily trading volume of $1.4 billion. Although it has slipped slightly in the past 24 hours and is down about 5% over the last week, traders are watching for a potential price surge that could take ADA to new heights. Crypto analyst Ali Martinez highlighted a symmetrical triangle pattern on a 12-hour chart of ADA, suggesting a breakout toward $0.69 as a possible buy zone. His analysis suggests this support level also aligns with the 62% Fibonacci retracement zone. )