Cardano is showing signs of bullish momentum as the cryptocurrency market reacts positively to Bitcoin's recent record highs. Analysts suggest that if this trend continues, Cardano could see significant price movements in the coming weeks, and the source notes that this could lead to increased investor interest and market activity.
Cardano Price Analysis
Currently, Cardano is eyeing the $0.88-$0.90 price zone, with a critical resistance level identified at $0.95. The overall bullish sentiment in the market, largely fueled by Bitcoin's performance, may encourage investors to rotate capital into altcoins like Cardano.
Future Predictions
Should this positive momentum persist, experts predict that Cardano could potentially retest the $0.95-$1.00 range before the end of the month, marking a significant milestone for the cryptocurrency.