🚨 Cardano Price Pattern Hints at Rally Toward $2.90

🔄 Cardano (ADA) is mirroring a familiar 2023 market structure — a falling wedge formation that previously led to a sharp upward breakout.

🚀 In late 2024, this same setup propelled ADA from $0.33 to $1.24 in less than a month.

📅 This July, ADA gained 58%, breaking free from its consolidation phase and igniting strong bullish momentum.

🎯 Market analyst Javon Marks outlines potential price milestones:

$1.20 as the initial target

Followed by $2.90, representing an estimated 261% upside.

💡 Optimism is being driven by the SEC’s more defined position on liquid staking and the expanding prospects of DeFi within the Cardano ecosystem.

🔮 Long-range outlooks for 2025–2030 indicate ADA could experience even more substantial growth in the years ahead.