Cardano (ADA): Is a Breakout About to Happen?

Analysis by crypto expert Carl Moon highlights key support levels for ADA. Currently trading near the ‘golden pocket’ – a Fibonacci support zone between $0.618 and $0.627 – the cryptocurrency is hovering on the verge of a breakout. This crucial area, known as the ‘golden pocket,’ has historically acted as a strong foundation for price increases. If bulls can reclaim the weekly open price, it could signal a powerful upward move.