Cardano Price Prediction: Will this New Recovery Cycle in $ADA Price Reach $0.5?

Cardano Price Prediction: Amid the recent uncertainty in the crypto market, the Cardano price went sideways above the support trendline of the channel pattern. Over the past three weeks, the market participants actively accumulated this dynamic support which led to a bullish reversal in the daily chart. In theory, a bullish reversal from this trendline could set a new recovery cycle that drives the coin price back to the overhead trendline. Is this the right time to enter?