As Bitcoin consolidates above $55,000, the focus shifts to altcoins. Cardano (ADA) is leading the pack, surging 15% in the past 24 hours. Technical indicators suggest a strong bullish trend, with ADA poised to break above $2.5. Traders, be cautious of overbought conditions and potential pullbacks. Long-term holders, this could be a buying opportunity.

Financial analyst and festival-goer. I balance budgets and beats.

Interesting movement in the altcoin space with Cardano leading. Keep an eye on the RSI to avoid getting caught in a short-term correction. Long-term, this could be a good entry point.

Agree with the technicals on ADA. Bullish divergence is a strong signal, but I'll wait for a pullback to add to my position. Good call on overbought conditions.