Cardano Price Dey Eye $2.90 Rally Because ETF Hope; RTX Dey Aim 500% Gain
Cardano price don turn bullish afta ADA price break pass di $0.79 resistance. Dis breakout conplete di falling wedge pattern and set di stage for further gains. Analysts don set near-term ADA target for $1.20 and year-end goal for around $2.90, wey reflect past ADA cycles and di growing ETF speculation. Di upcoming Midnight upgrade dey expected boost DeFi activity for Cardano. SEC delays and Charles Hoskinson consultation dey give hope for spot ADA ETF. Meanwhile, Remittix (RTX) don raise $18.7 million and sale over 588 million tokens at $0.0922 during presale. With Q3 wallet beta wey offer 40% bonus, RTX dey target 500% gains for 2025 as crypto-to-fiat bridge. Traders suppose dey monitor ADA price action, Cardano price outlook, ETF filings, upgrade timelines, and RTX adoption to gauge potential market shifts.
Bullish
Cardano breakout pass $0.79 plus di complete falling wedge dey signal say new bullish momentum dey, e fit carry short-term price go $1.20 level. For longer term, ETF speculation – wey SEC delay and consultation industry reinforce – plus di upcoming Midnight upgrade dey expected boost network activity and institutional interest, e go support ADA climb go $2.90. These technical plus fundamental drivers dey suggest say sustained upward pressure dey for ADA, e make dis development clear bullish.