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Cardano’s Perfect Storm: Oversold RSI, 90% ETF Approval Odds, and $2 ADA Price Target Align

DeFi
ZyCrypto·byBrian Njuguna
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Image for article: Cardano’s Perfect Storm: Oversold RSI, 90% ETF Approval Odds, and $2 ADA Price Target Align
As Cardano’s consolidation intensifies, the 10th-largest cryptocurrency based on market capitalization might be eyeing a more than 120% increase. Calling out this development, leading market analyst Javon Marks pointed out, “ADA, fairly fresh off of a recent breakout, still looks to be on track to have a significant upside move in the works, consisting of an over 120% surge. We continue to target $2+.” Source: Javon Marks Crypto analyst Lingrid is of a similar opinion that Cardano is gearing up for a bullish run as price continues to hold the $0.55-$ steadily.56 zone. She noted, “ADA is testing a strong...

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