Analysts see Cardano targeting $2.30 after technical breakout

Cardano (ADA) has broken out of a falling wedge pattern on the weekly chart, signaling potential gains of up to 145%, according to analyst Alpha-Gold FX. The breakout above $0.96 is supported by strong trading volume, with resistance levels at $1.20, $1.50 and $1.80 before a projected target of $2.28–$2.32. Other analysts, including Whitewalker, Mr Banana, Crypto Deezy and Dan Gambardello, also forecast significant upside, with some predicting a rally toward $3 if bullish momentum continues and key supports hold, The Crypto Basic reported.