Cardano (ADA) To Break $8 In Bull Run: Analyst Predicts Timeline

An analyst has explained that if history repeats for Cardano (ADA), its price could break $8. Here’s when this might happen for the asset.

Cardano Has Been Mirroring Past Price Pattern Recently

In a new post on X, analyst Ali has discussed a potential breakout happening in the weekly price of Cardano. ADA has appeared to have surged above a long parallel consolidation channel in this latest breakout.

Below is the chart shared by the analyst that shows this recent pattern in the price of cryptocurrency.

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