Cardano Prediction – Price Will Break Out in the Next Hours!

The Cardano course was able to form two trend lines within the last downward movement. One serves as resistance and the other as support. Both trendlines are leading to the $0.82 support, which is why the price should decide where to go soon. The price has to decide whether to hold the trendline support and $0.82 horizontal support or break the trendline resistance.

As Cardano price gets double support at $0.82 (from horizontal support as well as trendline), we expect a bullish breakout in the future. This breakout could result in a rally of around 100%. The target in our eyes is around $1. There is the next stronger resistance. The $1 level is not only a horizontal resistance through the past, but also a psychological level that could serve as a resistance. So we are pretty sure that the course will be rejected there.

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