ADA Price Analysis: Why Cardano (ADA) May Finally Push Above $1.5 After 2 Months [Live Chart]

• ADA price revived 35% off its low set a few weeks back
• ADA Price has finally cleared mid term downtrend
• RSI is sitting coiled awaiting a bullish break

Cardano (ADA) Price Holds 200 MA For First Time in 2 Months

Cardano price has been holding the $1.00 mark for many months now as bulls refuse to let it trade below. This has shown great strength for Cardano as it still holds over 4000% of gains since last year. Over the past few weeks the crypto market found at local bottom and ADA is up nearly 35% since. This is a decent revival but using data from other coins performance, ADA price should be soon ready for a larger pump above $1.40.