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Cardano shows RARE bullish pattern with potential for 80% price increase

RARE bullish pattern detected: Cardano is forming a RARE bullish pennant pattern, nearing a breakout. This formation has been consistent since early November, indicating a price target of 2.00 USD, representing an 80% rise from current levels.

Market dynamics and investment caution: Despite a 57 RSI indicating neutral bullish sentiment, Cardano’s price lacks momentum. A significant increase in trading volume is essential for overcoming technical challenges to maximize opportunities around the upcoming ‘SANTA rally’.

This is community-generated content, not advice from ONUS.
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