Cardano Price Prediction: ADA July Surge and Bullish Patterns Fuel $0.90 to $2 Outlook

Cardano's price is showing signs of a potential reversal after a 39% increase in July. Technical analysis indicates a symmetrical triangle formation, suggesting a possible breakout towards $0.80 and then $0.90 if momentum continues. Longer-term charts point to a potential move towards the $1.80 to $2.00 range. Market sentiment is bullish, with over 70% of open Cardano positions on Hyperliquid being long. The current price of Cardano is around $0.75, up 3.91% in the last 24 hours.