Cardano (CRYPTO:ADA) has recently diverged from Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH), demonstrating resilience with a 2% gain in the past day and a notable 12% increase over the last two weeks, rebounding from its recent low of $0.357 in June.

Technical analysis by Captain Fabik highlights ADA's confirmed breakout from a Falling Wedge pattern on the daily chart, surpassing a critical resistance level at $0.407.

Fabik predicts a potential 70% rally for ADA, setting a target price close to $0.704, approaching its previous yearly high.

In contrast, Crypto Bullet offers a more tempered outlook, suggesting ADA may face resistance and projecting targets around the 0.786 Fibonacci level, with macro targets at $1.15 and $1.80.

Market expert Jesse Olson reinforces bullish sentiment, noting imminent buy signals on ADA's daily chart alongside positive technical indicators like RSI divergence and a bullish MACD crossover.

ADA currently trades at $0.415, encountering initial resistance at $0.418, with additional hurdles at $0.438, $0.503, $0.517, and $0.590 on its path towards higher price levels.