ADA Eyes Outperformance Over BTC, XRP As Cardano Charts Signal 50% Rally

Cardano (CRYPTO: ADA) is gaining momentum after weeks of tight consolidation, with technical charts signaling a potential 50% breakout toward $0.92.

ADA price action signals path toward $0.92 target

Cardano Price Action (Source: TradingView)

ADA trades near $0.645 on Friday, holding just above a narrowing wedge pattern on the 4-hour chart. 

The setup suggests the token is coiling for a decisive move.

Price has flipped the $0.64–$0.65 band into support and is attempting …

Full story available on Benzinga.com