Cardano Remains Bullish Ahead Of Vasil’s Hard Fork, Can Price Go To $1?

Cardano (ADA) forms bullish sentiments against tether (USDT) as the price of Cardano (ADA) aims to go higher with an imminent breakout above the current resistance. The price of Bitcoin (BTC) showed great strength after closing the weekly candle on a high, with the price holding above $21,700 for the first time in weeks. This has influenced most crypto assets, including Cardano (ADA), as the price aims to break out. (Data from Binance) Related Reading: Top 3 Reasons Why Cradles Will Make You Want To Try The Metaverse Cardano (ADA) Price Analysis On The Weekly Chart The price of ADA has had a tough time maintaining the bullish momentum it has shown in recent months as the price was rejected from the $3 area acting supply zone for most sellers. ADA has since struggled to discover the bullish momentum it experienced, but with the upcoming “Vasil Hard Fork,” there has been growing sentiment of the price of ADA going to as high as $1. Vasil Hard Fork is the latest and highly anticipated upgrade on the Cardano network to improve the usability and scalability of the network. The price of ADA on the weekly chart looks good as the week closed bullish with more bullish sentiments. The price of ADA is faced with resistance to breaking above $0.54 as the price is faced with resistance to trend higher. ADA’s price needs to break above this region for its price to trend higher to $0.6 and possibly $1. The price of ADA must break and hold ab...