Cardano Price Prediction: ADA Breaks Key Resistance, Is $0.30 the Next Stop?

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Cardano is up 16% in a week and back above its 200-day EMA. Our Cardano price prediction looks at whether ADA can push to $0.30.Why Is Cardano Pumping This Week?$ADA has been one of the quiet winners of the past seven days. The Cardano price bounced from around $0.22 on September 20 to a weekly high just above $0.26, and it is currently trading near $0.2565. That is a gain of roughly 16% in a week, at a time when most large caps have been moving sideways.ADA Chart in USDThe move was not one big spike. ADA climbed in steps, pulled back to $0.235 on September 24, then pushed straight back up. Buyers stepped in on every dip, which is exactly the kind of price action you want to see at the start of a trend.ADA Price Analysis: Cardano Price Action is BullishThe daily chart explains why traders are paying attention. Cardano closed above its 200-day EMA at $0.2395 for the first time since April, and it also cleared the $0.245 level that capped the price during spring. Both now act as s...