Cardano (ADA) broke the $1 mark and rose 24.1% over the past week, becoming one of the strongest cryptocurrencies.
ADA broke several technical barriers, including the 50-day simple moving average (SMA), and faced resistance around $1.12 and $BTC The price range by the end of 2025 is projected to be between $3 and $BTC #Cardano (ADA) rallied strongly in early 2025, once again breaking the $1 per token mark.
#ADA has rallied over 24.1% in the past week, marking a true renaissance and consolidation phase for #cryptocurrencies . Over the past few days, ADA has broken several technical barriers such as the 50-day simple moving average (SMA) and the psychological $1 level, attracting the attention of many investors.
The chart shows a clear bullish trend, especially after ADA broke above the December 2024 $1 level. The recovery of this level was fueled by a wave of buying that allowed the #cryptocurrency to overcome all resistances; ADA is currently trading at $1.08, showing a daily growth of 13.4%. From a technical perspective, indicators such as the Relative Strength Index (RSI) indicate bullish sentiment in the market. This means that ADA may continue to rise in the short term. However, analysts warn that despite the positive trend, it is important that Cardano maintains its upward momentum to avoid a potential pullback.
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