Cardano: ADA price eyes 30% rally with a potential 'triple bottom' setup
The only glitch in the bullish setup, for now, remains the Federal Reserve's taper acceleration plans. Cardano (ADA) may rally by nearly 30% in the coming days as it hints at forming a classic bullish reversal pattern.Sharp ADA rebound underwayDubbed "triple bottom," the pattern typically occurs at the end of a downtrend and consists of three consecutive lows printed roughly atop the same level. Meaning, triple bottoms indicate sellers' inability to break below a specific support level on three back-to-back attempts, which ultimately paves the way for buyers to take over.In a perfect....
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