Cardano ($ADA
) has seen a significant surge of 12.32% in the last 24 hours, trading at $0.8872. With a daily high of $0.9000 and a low of $0.7700, the price is nearing strong resistance levels, signaling a potential breakout for traders to watch closely. The trading volume remains robust, with 603.88M ADA tokens exchanged, equivalent to $496.38M USDT, reflecting high liquidity and active participation. Key indicators like SAR at 0.8690 and bullish trends on MACD and RSI confirm upward momentum, while Bollinger Bands suggest possible price volatility. For traders, this presents an opportunity to ride the bullish wave while closely monitoring for resistance or potential reversals near the $0.9000 mark. Stay sharp and plan precise entry and exit strategies to secure profits in this dynamic market.
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