Cardano Price Eyes Breakout Above $0.24 as Momentum Improves
Cardano's technical recovery is gaining momentum as the price holds above the key $0.19 support level.
The recent bounce has taken ADA back towards $0.20-$0.21, but the market still needs to reclaim nearby resistance before the move becomes more convincing.
A confirmed four-hour buy signal has been triggered after ADA broke through a descending trendline and generated an RSI turn.
The next test is whether ADA can maintain the breakout above $0.205-$0.21, with $0.24 remaining the major confirmation level for a larger recovery.