Can Cardano price hit $0.30 as it eyes breakout from a bullish wedge?
WikiBit 2026-04-21 21:39
Cardano price rallied nearly 12% last week before stabilizing around $0.25 on Tuesday. Now it is close to confirming a bullish reversal pattern on the
The daily RSI sits at the neutral threshold of 49 while the MACD lines trade below the signal line. Both these indicators suggest that the asset may need a brief period of consolidation before its next leg higher.
For now, the immediate resistance for Cardano lies at $0.26. A break above this level could provide the momentum needed to potentially reclaim the $0.30 psychological barrier.
On the contrary, if the U.S.-Iran war worsens over the coming days, the token could revisit its local low at $0.23 as investors flee to safer assets.
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