Cardano Approaches $0.84 Resistance, Potential Path Toward $1.30 Supported by Technical Momentum and Q4 Trends

Key Points

1. Cardano is approaching the $0.84 resistance level, which could trigger a rally towards $1.30 if broken.

2. Technical indicators like MACD and RSI show bullish momentum, supporting the potential price movement.

3. Cardano has historically gained during the final quarter (Q4) since 2023, adding to the bullish outlook.

4. Community engagement, including governance votes, has positively impacted market sentiment and ADA's price.

5. The price has reclaimed its 50-day moving average, further aligning with bullish technical signals.