Cardano Price Analysis: Breakout Potential Drives Long-Term Rally Predictions

Cardano is currently trading at $0.8358, facing resistance at the $0.84 level as analysts anticipate a breakout could trigger sustained growth towards $9.18-$12. This prediction is based on Cardano’s consistent bullish trend and market dominance forecasts that suggest surpassing 5% of the total crypto market capitalization in the near future. These predictions highlight a potential long-term rally for ADA, driven by expanding DeFi applications and growing institutional investments.