{"id":655621,"date":"2024-11-29T21:00:24","date_gmt":"2024-11-29T21:00:24","guid":{"rendered":"https:\/\/ktsl888.com\/?p=655621"},"modified":"2024-11-29T12:39:10","modified_gmt":"2024-11-29T12:39:10","slug":"cardano-price-breakout-bull-flag","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/cardano-price-breakout-bull-flag\/","title":{"rendered":"Cardano Price Breakout: Bull Flag Rally Points To Another 50% Surge"},"content":{"rendered":"

Crypto analyst CoreCrypto has predicted that the Cardano price could enjoy a massive breakout soon enough. The analyst highlighted a <\/span>bull flag-like structure<\/span><\/a> that could cause Cardano to enjoy another 50% price surge.\u00a0<\/span><\/p>\n

Cardano Price Breakout On The Horizon<\/h2>\n

In a <\/span>TradingView post<\/span><\/a>, CoreCrypto stated that the Cardano price is showing strong bullish momentum and is breaking out from a bull flag-like structure, with a successful retest confirming this move. The analyst added that the support is holding firm, signaling a potential rally ahead. In line with this, he stated that now is the time to <\/span>long ADA<\/span><\/a> and accumulate more within this range.\u00a0<\/span><\/p>\n

Related Reading: Analyst Maps Out Dogecoin Price Arc To $3 Using A Logarithmic Scale<\/a><\/div>\n

For those looking to trade ADA, the analyst stated that the entry range is at the current market price and that they could add up to $0.98. Meanwhile, he set four targets for this long trade. The first target is $1.08, the second is $1.24, the third is $1.36, and the fourth is $1.49, meaning the Cardano price could enjoy up to a <\/span>50% surge<\/span><\/a> from its current level.\u00a0<\/span><\/p>\n

Meanwhile, the analyst told traders to put their stop loss at $0.92. As to why this analysis matters, CoreCrypto stated that this setup points to a decisive bullish breakout for the Cardano price. With the confirmed retest and strong support levels, the analyst said it looks like an excellent opportunity for traders.\u00a0<\/span><\/p>\n

The Cardano price undoubtedly boasts a bullish outlook, especially since whales are actively accumulating ADA. This indicates that these investors are bullish on the crypto and expect future price increases. NewsBTC recently reported that <\/span>whales bought<\/span><\/a> over 130 million coins as demand for the crypto continues to skyrocket.\u00a0<\/span><\/p>\n

IntoTheBlock data also shows that ADA\u2019s large transactions have surged by over 5%, which paints a bullish picture for the Cardano price. Meanwhile, the \u2018Net Network Growth\u2019 metric is also bullish at the moment, meaning that investors are actively using the Cardano network.\u00a0<\/span><\/p>\n

ADA Could Rally Up To $10 In This Bull Run<\/h2>\n

Crypto analyst <\/span>Dan Gambardello<\/span><\/a> has predicted that the Cardano price could rally up to $10 in this bull run. His prediction came as he discussed Cardano crossing the $1 milestone. He stated that now that ADA has crossed this price mark, it is great to see a consolidation and redistribution among holders.\u00a0<\/span><\/p>\n

Related Reading: Ethereum Price On The Verge Of Repeating 2017-2021 Cycle Breakout, Target Above $20,000<\/a><\/div>\n

Once this consolidation and redistribution phase is over, Gambardello believes that the Cardano price can focus on its rally to $5 and then $10. In an X post, <\/span>crypto analyst Sebastian<\/span><\/a> said Cardano looks promising. He predicts that a price breakout could happen soon, followed by a restest and then \u201cmoon.\u201d<\/span><\/p>\n

\"Cardano
Source: TradingView<\/figcaption><\/figure>\n

At the time of writing, the Cardano price is trading at around $1.06, up over 5% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Cardano
ADA price still above $1 | Source: ADAUST on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst CoreCrypto has predicted that the Cardano price could enjoy a massive breakout soon enough. The analyst highlighted a bull flag-like structure that could cause Cardano to enjoy another 50% price surge.\u00a0 Cardano Price Breakout On The Horizon In a TradingView post, CoreCrypto stated that the Cardano price is showing strong bullish momentum and is breaking out from a bull flag-like structure, with a successful retest confirming this move. The analyst added that the support is holding firm, signaling a potential rally ahead. In line with this, he stated that now is the time to long ADA and accumulate more within this range.\u00a0 Related Reading: Analyst Maps Out Dogecoin Price Arc To $3 Using A Logarithmic Scale For those looking to trade ADA, the analyst stated that the entry range is at the current market price and that they could add up to $0.98. Meanwhile, he set four targets for this long trade. The first target is $1.08, the second is $1.24, the third is $1.36, and the fourth is $1.49, meaning the Cardano price could enjoy up to a 50% surge from its current level.\u00a0 Meanwhile, the analyst told traders to put their stop loss at $0.92. As to why this analysis matters, CoreCrypto stated that this setup points to a decisive bullish breakout for the Cardano price. With the confirmed retest and strong support levels, the analyst said it looks like an excellent opportunity for traders.\u00a0 The Cardano price undoubtedly boasts a bullish outlook, especially since whales are actively accumulating ADA. This indicates that these investors are bullish on the crypto and expect future price increases. NewsBTC recently reported that whales bought over 130 million coins as demand for the crypto continues to skyrocket.\u00a0 IntoTheBlock data also shows that ADA\u2019s large transactions have surged by over 5%, which paints a bullish picture for the Cardano price. Meanwhile, the \u2018Net Network Growth\u2019 metric is also bullish at the moment, meaning that investors are actively using the Cardano network.\u00a0 ADA Could Rally Up To $10 In This Bull Run Crypto analyst Dan Gambardello has predicted that the Cardano price could rally up to $10 in this bull run. His prediction came as he discussed Cardano crossing the $1 milestone. He stated that now that ADA has crossed this price mark, it is great to see a consolidation and redistribution among holders.\u00a0 Related Reading: Ethereum Price On The Verge Of Repeating 2017-2021 Cycle Breakout, Target Above $20,000 Once this consolidation and redistribution phase is over, Gambardello believes that the Cardano price can focus on its rally to $5 and then $10. In an X post, crypto analyst Sebastian said Cardano looks promising. He predicts that a price breakout could happen soon, followed by a restest and then \u201cmoon.\u201d At the time of writing, the Cardano price is trading at around $1.06, up over 5% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":641800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,89347,84005,14643,79508,167,12332,89230,12329,6664,26263,14690],"class_list":["post-655621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","tag-ada-price","tag-adausd","tag-adausdt","tag-analyst","tag-cardano","tag-cardano-news","tag-cardano-price","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nCardano Price Breakout: Bull Flag Rally Points To Another 50% Surge<\/title>\n<meta name=\"description\" content=\"Crypto analyst CoreCrypto has predicted that the Cardano price could enjoy a massive breakout soon enough.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano Price Breakout: Bull Flag Rally Points To Another 50% Surge","url":"http:\/\/ktsl888.com\/news\/cardano\/cardano-price-breakout-bull-flag\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cardano\/cardano-price-breakout-bull-flag\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/09\/Cardano-ADa.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/09\/Cardano-ADa.jpeg?fit=1792%2C1024"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","ada news","ada price","adausd","adausdt","analyst","cardano","cardano news","cardano price","crypto","crypto analyst","crypto news"],"dateCreated":"2024-11-29T21:00:24Z","datePublished":"2024-11-29T21:00:24Z","dateModified":"2024-11-29T21:00:24Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano Price Breakout: Bull Flag Rally Points To Another 50% Surge\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-price-breakout-bull-flag\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-price-breakout-bull-flag\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Cardano-ADa.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Cardano-ADa.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"ada news\",\"ada price\",\"adausd\",\"adausdt\",\"analyst\",\"cardano\",\"cardano news\",\"cardano price\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2024-11-29T21:00:24Z\",\"datePublished\":\"2024-11-29T21:00:24Z\",\"dateModified\":\"2024-11-29T21:00:24Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/09\/Cardano-ADa.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/655621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=655621"}],"version-history":[{"count":1,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/655621\/revisions"}],"predecessor-version":[{"id":655643,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/655621\/revisions\/655643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/641800"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=655621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=655621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=655621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}