Cardano

Rally

Bitcoin

Polkadot

Resistance

<p>According to<a href="https://twitter.com/TrendRidersTR/status/1758138417823813740?t=I_Sgrm8spxqwajOHjVJviQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow"> crypto analyst Trend Rider</a>, Cardano (ADA) appears poised for a significant price rally in the near future. In a recent tweet, Trend Rider noted that his favorite long-term indicator, the money flow oscillator, has turned bullish on ADA for the first time since 2020.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-1024x576.png" alt="" class="wp-image-439030" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-767x431.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-2048x1151.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-623x350.png 623w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-589.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Back then, ADA was trading at just $0.03 per token. Using the same indicator, Trend Rider successfully predicted bitcoin’s bull run over the past year. Given this track record, the analyst believes ADA could be in store for similarly explosive growth in the months ahead.</p>
<p><strong>Other Analysts Echo Prediction</strong></p>
<p>Trend Rider is not alone in forecasting a <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="Cardano" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Cardano</a> breakout. Just yesterday, <a href="https://captainaltcoin.com/cardanos-ada-historic-breakout-from-this-level-could-launch-a-bull-run-to-8/" target="_blank" rel="noopener noreferrer nofollow">other analysts also tweeted</a> that they expect major upside for ADA soon.</p>
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<p>Specifically, analyst Ali predicts that after breaching resistance at $0.60, ADA’s price could spike towards $0.80 initially. It may then retrace back to $0.60, before embarking on a more sustained bull run towards $8 by January 2025.</p>
<p>If ADA does manage to reach this target, it would represent a massive rally from current levels around $0.40. With multiple experts now calling for substantial gains, Cardano is emerging as one of the most promising altcoins to watch in the year ahead.</p>
<p>You may also be interested in:</p>
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<p>The post <a href="https://captainaltcoin.com/indicator-that-called-the-bitcoin-bull-run-reveals-cardano-ada-is-set-for-explosive-rally/" rel="noopener noreferrer nofollow">Indicator that Called the Bitcoin Bull Run Reveals Cardano (ADA) Is Set for Explosive Rally</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Indicator that Called the Bitcoin Bull Run Reveals Cardano (ADA) Is Set for Explosive Rally

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