Technical analysis by ArmanShabanTrading about Symbol ADA: Buy recommendation (7 hour ago)

By analyzing the Cardano (ADA) chart on the 3-day timeframe, we can see that the price has surged exactly as expected, beautifully hitting all three targets at $0.85, $0.93, and $1! This move delivered an impressive 48% return. Following Jerome Powell’s remarks about the possibility of interest rate cuts in the coming months, Cardano saw renewed demand and has already risen from $0.82 to $0.91 so far. I expect this bullish momentum to continue, with a potential break and hold above the $1 level soon. Hope you made the most out of this analysis! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban