Dan Gambardello Warns Against Writing Off Cardano as ADA Eyes $0.40
- —ADA gained 5.63% in 24 hours to $0.246, market cap at $9.02 billion
- —The token needs a 62.58% rally to reach the $0.40 target
- —ADA is testing an ascending trendline after rebounding from a low near $0.14
- —ADA last traded around $0.40 in January 2026
Why it matters: A sustained break above resistance will determine whether Cardano can extend its recovery or stay in a downtrend.
Source: The Crypto Basic