Cardano Price Analysis

Cardano price is nearing a crucial technical level that could initiate a breakout towards higher levels. Currently, it is trading at $0.73. The leading altcoin is approaching the apex of a symmetrical triangle pattern that has formed over several weeks.

Technical Outlook

Technical analysis suggests a potential breakout, which may lead to a target of $1.1278. This represents a possible 50.95% increase from the breakout point.