Cardano (ADA) Analysts Eye Major Rally if Price Holds Above $0.30 and Key $0.28 Support

Cardano's ADA has risen around 9% over the past week to nearly $0.40, and several market commentators believe a larger rally could follow if the price stays above $0.30 and does not close a week below $0.28. Some bullish projections see potential breakout levels between $1 and $1.20, with targets as high as $10, while others warn that a drop under $0.383 or a bearish MACD cross could trigger a deeper correction. Recent net outflows from exchanges suggest more ADA is moving into self-custody, which may reduce immediate selling pressure.