Can Cardano Price Break Out of a Wedge Pattern and Rally to $1.41 Soon?

• Cardano price is forming a broadening wedge pattern with support confirmed near $0.58 and potential targets up to $1.4160.
• Analysts identify $0.9024, $1.1281, and $1.4160 as key resistance levels if ADA holds its current bounce zone.
• ADA’s weekly chart shows repeated support tests, suggesting a possible breakout if bulls defend the current level.

Cardano (ADA) price has shown early indicators of a breakout from a broadening wedge pattern. The existing price formation, along with the repeated bounced support levels, has raised speculation over a potential target of $1.41 soon.