Usman Salis
Cardano (ADA) rockets +20.92% in explosive rally, breaking past $0.96 resistance. Advanced Gann Square analysis reveals mind-blowing price targets of $6, $8, and potentially $11 for the current market cycle.
Gann Square Analysis Points to Explosive Cardano (ADA) Targets
A viral analysis on crypto Twitter applied Gann Square methodology to Cardano's price action with extraordinary results. The mathematical framework suggests ADA could hit targets that would make current prices look insignificant.
The projections reveal three key levels: $6.00 (500%+ gain), $8.00, and the ultimate target of $11.00. These aren't random numbers – Gann analysis uses precise mathematical relationships and historical patterns proven accurate across markets for decades.
The critical level now is $1.00. Breaking above this psychological barrier would confirm the bullish thesis and trigger momentum buying. Chart analysis shows resistance around $1.80, but if Gann's projections prove accurate, that's merely a pit stop to much higher ground.
Cardano (ADA) Price Breaks Through Critical Resistance
Cardano's explosive 20.92% surge has caught the crypto community off guard, with ADA smashing through resistance levels in a single session. Trading at $0.96934, the token bounced from session lows of $0.76596 to reach highs of $1.01915.
This technical breakout has seasoned traders scrambling to reassess positions. The clean break through $0.96 resistance that held for weeks signals something bigger could be brewing.
Usman Salis
