Crypto Market Edges Higher as Bitcoin Crosses $87K; Cardano Eyes Breakout

Bitcoin, Ethereum, and altcoins such as ADA are gradually climbing again. An analyst suggests Cardano could surge 27% if it soon breaks through resistance. Recently, Cardano whales offloaded 180 million tokens.

The top ten cryptocurrencies are showing signs of recovery after a relatively quiet weekend. Bitcoin exceeded $87,000, while Ethereum saw a roughly 2% increase, boosting overall market sentiment. Other prominent altcoins, including Cardano (ADA), Dogecoin (DOGE), and XRP, also experienced modest gains, recouping some losses from earlier in the month.

Analyst Forecasts Potential 27% Cardano Breakout

Cardano's recovery from a week-long decline has drawn significant attention. Crypto analyst Ali Martinez notes that ADA is currently consolidating within a triangle pattern, a formation often preceding substantial price changes. Martinez anticipates a potential 27% price increase if ADA surpasses the upper resistance level.

This follows reports of Cardano whales selling 180 million ADA tokens over a five-day period...

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