In a week marked by Bitcoin’s tumultuous journey below $62,000, the cryptocurrency market experienced a wave of corrections, impacting major players like Cardano (ADA). Despite the volatility, ADA demonstrates resilience, navigating above key support levels and attracting significant attention from investors.

Support Zones in ADA

Currently trading at $0.45, Cardano finds itself above crucial support levels, including the 61.8% Fibonacci retracement level and the $0.445 mark.&middot

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