ADA set for another breakout, with $0.4 possible: Dan Gambardello

Cardano bull Dan Gambardello said on X that ADA is preparing for a breakout for further gains. Gambardello had previously said in September that if ADA broke above the area around $0.24, it could rise to $0.4 in the short term. ADA is currently trading at about $0.2711, up about 95% from its six-year low of $0.1387 recorded in June. Gambardello added the recent recovery could extend beyond a simple rebound into further upside.