Cardano Price Prediction: Bullish Breakout at $0.278 Signals Potential 15% Surge

The Cardano coin has been in a correction phase since mid-July, but there are signs of a potential bullish breakout. The coin experienced a V-top reversal from $0.379 and dropped to a low of $0.283, losing 36.5% of its market value. However, it rebounded from this low and is currently trading at $0.263. If the coin can break through the resistance at $0.2785, it could see a 15% surge in price. On the other hand, if the overall market trend remains bearish, the coin may face a bearish reversal and continue its correction trend.