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Cardano Breakout Eyes $0.80 Resistance – Is ADA Repeating Its ATH Playbook?

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Cardano Breakout Eyes $0.80 Resistance – Is ADA Repeating Its ATH Playbook? - NewsBTC

Quick Summary:

Cardano Breakout Eyes 27% Move On Tuesday, Cardano followed Bitcoin’s price jump and climbed to the $0.66 resistance, attempting to break above the key level for the third time this month.

Moreover, the analyst pointed out that the token is currently breaking out of an Inverse Head & Shoulders pattern within the descending channel, which could see the cryptocurrency surge toward the key resistance level.

Meanwhile, Dan Gambardello affirmed that Cardano’s biggest resistance is at the $3 mark, "where a lot of people have regret for not selling last cycle.” The analyst forecasted that once ADA hits ATH levels, its pump "will probably pause in that general area with a lot of volatility, and then continue to $5.


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Cardano Breakout Eyes $0.80 Resistance – Is ADA Repeating Its ATH Playbook? - NewsBTC (Picture 1)Cardano Breakout Eyes $0.80 Resistance – Is ADA Repeating Its ATH Playbook? - NewsBTC (Picture 2)Cardano Breakout Eyes $0.80 Resistance – Is ADA Repeating Its ATH Playbook? - NewsBTC (Picture 3)

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 11:30:25 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 79 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 28170419

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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