Cardano

<ul><li>ADA approaches a critical reversal zone, with prices oscillating between $0.422 and $0.432, sparking potential gains.</li><li>A bullish divergence forms as ADA&#39;s price hits a lower low while RSI indicates a higher low, signaling rising momentum.</li><li>ADA must surpass $0.465 and achieve a higher high at $0.477 to confirm a bullish trend and potentially reach $0.510.</li></ul>Cardano (ADA) is at a critical reversal zone, with its price approaching a critical reversal zone. Historically, ADA has reversed multiple times between the $0.422 and $0.432 levels, often triggering substantial double-digit gains. The most recent surge in mid-May saw ADA reach a local high of $0.511. As of press time, ADA is trading at <a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">$0.456</a> marking a 0.55% slight increase in the past day.A significant bullish divergence forms as Cardano&#39;s price reaches a lower low while the Relative Strength Index (RSI) indicates a higher low. This divergence suggests increasing momentum that has not yet been reflected in ADA’s price, signaling potential upward movement.Since establishing a key swing low on June 2, ADA has experienced a 5% rise, indicating possible continued growth. ADA must surpass the immediate resistance at $0.465 to confirm this bullish trend and achieve a higher high relative to the $0.477 swing point. If successful, this move indicates a break in the <a href="https://cryptotale.org/analyst-predicts-major-altcoin-gains-key-events-to-boost-market-volatility/" rel="noopener noreferrer nofollow">bearish market structure</a>, pushing ADA to revisit the $0.496 and $0.510 resistance levels.<a href="https://cryptotale.org/cardano-ada-nears-pivotal-reversal-signals-potential-bullish-surge/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Cardano (ADA) Eyes Major Reversal: Key Levels Signal Bullish Potential

CryptoTale

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