๐ Cardano (ADA) is on a roll! With Bitcoin hitting an all-time high, ADA surged to $0.6599, marking a six-month peak. Open interest in ADA jumped 15.51%, signaling strong demand in futures markets. On-chain indicators show active addresses up 42% and whale transactions peaking, hinting at potential gains.
๐ ADA eyes a return to its March peak of $0.8104, with key resistances at $0.9058 and $1. The bullish momentum is supported by technical indicators, but caution is advised as the fear and greed index signals "extreme greed."
What are your thoughts on ADA's rally? Share in the comments!