Cardano’s $3.50 price target: Technical analysis shows ADA’s breakout is imminent
Key Takeaways
Cardano targets $3.50, driven by the Voltaire upgrade, booming DeFi, & whale buys. Discover the key technical analysis & risks facing the ADA rally.
Cardano [ADA] is stuck in a tug-of-war, with its price teetering on a knife’s edge.
One side sees a perfect storm of technical signals, system upgrades, and a massive breakout towards $3.50.
This surge is fueled by the promise of the new Voltaire era, a flood of DeFi cash, and big-money players.
But for every bull, there’s a bear. ADA remains suspectible to old criticisms, brutal competition, and a shaky global economy that could send everything crashing down.
Bulls see green: A three-pronged attack
Three key developments are giving Cardano holders a reason to…