Cardano's ADA has climbed 13% over the past seven days to trade near $0.22, outperforming Bitcoin and Ethereum over the same stretch. Analysts point to chart patterns and indicator signals that suggest further upside, with targets ranging from $0.23 to $0.30, while one trader's call for an $8 all-time high stands out as an outlier.
ADA trades around $0.22, up about 13% over the past seven days, according to CoinGecko data cited by CryptoPotato. The move puts it among the top performers within the 20 biggest cryptocurrencies over that window, ahead of Bitcoin and Ethereum on a seven-day basis.
X user More Crypto Online said the bounce on ADA's chart remains intact. The trader added that a break above $0.23 is the next objective for the bulls. Crypto With Gopal, meanwhile, spotted an inverted head-and-shoulders formation, arguing that buyers are defending the neckline around $0.22 as momentum shifts bullish into resistance.
According to CryptoPotato: "A clean breakout above the neckline could open the path toward the $0.26 target", the analyst concluded.
X user Sssebi sees a big chance for a pump to $0.30 if ADA reclaims $0.25. Analyst Ali Martinez separately noted that ADA's Tom DeMark Sequential indicator has flashed a buy signal, adding to the bullish tone.
Not every call is modest. X user Cup argued that the biggest altseason ever is about to start, projecting a potential move to a new all-time high of $8 — a target CryptoPotato itself called unlikely at this stage.
Source: CryptoPotato
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