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Cardano Price Forecast: ADA in bullish consolidation, eyes on $0.40 and beyond – FXStreet

Cardano (ADA/USD) is gathering pace for the next leg higher, having rallied over 11% on Saturday. It hit the highest levels on two days, although rema

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  • ADA/USD’s path of least resistance appears north.  
  • Teasing a pennant breakout on the daily chart.
  • The no. 7 coin is up 82% over the past seven days.

Cardano (ADA/USD) is gathering pace for the next leg higher, having rallied over 11% on Saturday. It hit the highest levels on two days, although remained well below the lift-time highs of $0.3536.
The seventh most widely traded crypto asset has gained 82% over the past seven days and remains on track to extend the parabolic rise towards the $0.40 level. 

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