Cardano’s (ADA) chart analysis suggests a potential 140% surge after a bullish wedge correction and higher low formation.
Technical analysis highlights a bullish outlook for Cardano, with significant momentum expected in the coming weeks.
According to popular crypto analyst Alan Santana, Cardano (ADA) has a promising future. In a thorough post on TradingView, Santana revealed that initially discovered a week ago, Cardano’s recent chart configuration is likely to start its increasing momentum.
He underlined that rather than a bearish trend, the falling wedge shape seen on the chart suggests a modest correction. ADA saw a gain following the correction, but its first resistance level set off a retrace.
Santana observed that ADA kept a firm higher low in spite of this pullback, suggesting a higher possibility of optimistic continuation over a bearish reversal.
Source: Alan Santana on TradingView
Cardano’s ADA: Pivotal Reversal and Potential 140% Surge 
Santana viewed December 20 as

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