Cardano Price: Bullish Triangle Nears Resolution – Breakout or Breakdown Ahead?

Cardano (ADA) is experiencing a surge in price, breaking free from weeks of tight consolidation. Technical patterns suggest a potential bullish breakout, but the market awaits confirmation. Traders closely watch whether ADA can break past the upper boundary of a symmetrical triangle pattern, often linked to decisive market moves. The recent surge coincides with a sharp increase in futures trading volume. The current price action is fueled by positive momentum, but the long-term outlook relies on further testing and validation.