Cardano Price Prediction: Analyst Predicts Breakout to $1.50 Amid Grayscale ETF Speculation

Cardano price is trading at $0.98 today, August 14, with a 16% jump in the past 24 hours. This rally has increased the bullish mood as traders are looking forward to a possible breakout to higher targets. This is being supported by the reinforcing technical indicators and favorable market triggers. Meanwhile, an analyst is forecasting a rally to $1.50 for Cardano.