Cardano (ADA), currently positioned as the 9th largest cryptocurrency by market capitalization, has encountered a downward trend following the prevailing bearish sentiment in the crypto market. Bitcoin (BTC), the market leader, has led the way in price corrections for top cryptocurrencies. Despite ADA’s recent retracement of nearly 20% in the past week after reaching a 22-month high of $0.810 on March 14, there are indications that a potential trend reversal is on the horizon. This shift in momentum could potentially drive ADA towards reclaiming the $1 mark, which it hasn’t reached since April 2022. Bullish Momentum Building For ADA Crypto analyst “Trend Rider,” who shares his insights on the social media platform X (formerly Twitter), has highlighted ADA’s market shift from bearish to bullish trends. Looking at the two-week chart, key moving averages are realigning, signaling a transition to a bullish framework as indicators move from red to green. According to the analyst, this pattern is similar to a previous occurrence observed just before ADA embarked on a significant bull run. Related Reading: Shiba Inu May Rise 250% Pre-Bitcoin H ..
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 Eyes Explosive 2000% Bull Run, Targeting $12 And Quadrupling ATH){kind=link}