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<ul class="news-points"> 
 <li>Dan Gambardello predicted in his latest analysis that ADA could soar to between $0.70 and $0.75</li> 
 <li>According to the post, BTC will need to rise above $39K before ADA’s price can rally</li> 
 <li>The analyst backed his bullish thesis by sharing that ADA is not in oversold territory on its weekly chart</li> 
</ul> 
The renowned trader and analyst Dan Gambardello predicted in his latest analysis that Cardano (ADA) could rise to as high as $0.70-$0.75 in the medium term. In order for this to happen, the market leader, Bitcoin (BTC), will need to break out first, according to Gambardello. 
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 A Bitcoin Breakout Would Change EVERYTHING! Cardano Holders BUCKLE UP! Intro 00:00 Bitcoin on the daily (resistance) 00:50 Bearish or bullish? 2:50 IF Bitcoin breaks out 4:15 A Bitcoin price fall to be aware of 6:30 Cardano still has room for breakout 7:40 Be CAREFUL with… <a href="https://t.co/8ZlcZt2dxE" target="_blank" rel="nofollow">pic.twitter.com/8ZlcZt2dxE</a>— Dan Gambardello (@cryptorecruitr) <a href="https://twitter.com/cryptorecruitr/status/1727900232577425791?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 24, 2023</a>
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The analyst revealed that a key zone to watch for BTC is the $38K – $39K range. According to him, the market leader rising above this region could lead to a strong move for ADA. 
To back his bullish outlook for the Ethereum-killer, Gambardello noted that ADA ha…
The post <a href="https://coinedition.com/ada-could-surge-off-the-back-of-a-btc-breakout-says-analyst/">ADA Could Surge off the Back of a BTC Breakout, Says Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

ADA Could Surge off the Back of a BTC Breakout, Says Analyst

Coin Edition

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