The analyst discusses Cardano's (ADAUSD) potential to reach $1.55 based on technical analysis. He points out that while a dip to $0.70 is possible, the altcoin market cap is hovering at all-time high areas. He mentions a dollar area support and potential push after breaking the $1.25 resistance. Also, he points out $10 cardano is in play in a long bull run. He highlights a rising wedge formation, typically leading to a crash, the 20-week moving average. The current risk model shows a pre-bull market score of 39.