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Trading King

08/25 15:15

Technical Outlook: ADA Breaks Symmetrical Triangle

Technical Outlook: ADA Breaks Symmetrical Triangle

Beyond ecosystem news, the Cardano price chart has been trending upward after a bullish technical breakout on a symmetrical triangle pattern. 

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An analyst has also confirmed of this pattern’s breakout on the daily timeframe on the upside, suggesting strong momentum. 

Traders on X forecast that this breakout could fuel a run back to ADA’s 2021 all-time high above $3.

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