ADA: Symmetrical Triangle Breakout With A 40% Measured Move TargetCardano (CRYPTO: ADA) reached $0.195 for the first time since July 4, with its market cap up 24% over the past week, according to Santiment on X. The analytics firm noted that ADA has 7,070 fewer non-empty wallets than two months ago, pointing to stronger buyers absorbing supply while retail confidence has not yet returned.After a symmetrical triangle breakout fired over the past several sessions, price now trades above both the 20-day EMA at $0.1734 and 50-day EMA at $0.1755, with RSI at 68.25 showing strong momentum. The measured move from the triangle base projects a 40.92% upside target of $0.24.Moreover, Cardano’s ecosystem activity has also picked up, with Leios testnet work, Hydra scaling progress, Mithril upgrades, Pyth integration, and fresh Catalyst funding all contributing to the backdrop.Key levels for ADA:
$0.197 — 100-day EMA, immediate resistance
$0.20 — psychological resistance above
$0.24 — measured move target on continuation
$0.175 — 50-day EMA, must hold on any retest
