Here’s the latest on Cardano (ADA)! 🚀 After rising more than 43% in the past week, ADA looks set to continue its uptrend. 📈 Traders and investors have started to become very active, as seen from the strong bullish pattern on the daily chart.

There’s also some interesting activity from whales! 🐋 Large trading volume for ADA increased by 30%, indicating strong interest from institutions and large investors. 🔥 In addition, daily active addresses increased by 42%, indicating that many people are involved in this trade.

ADA’s open interest (OI) also increased, up 5.76% in the past 24 hours. 📊 This shows that traders are becoming more aggressive in investing in this altcoin. All of this data indicates a good buying opportunity and a possible rally ahead.

In terms of technical analysis, ADA has managed to break through the strong resistance level at $0.77 and recently closed a bullish candle above that level. 💥 If ADA can break through its previous high, there is a high possibility that the price could rise by 20% and reach $1 in the near future!

Currently, ADA is trading around $0.83 with a 3.84% increase in the last 24 hours. 📈 However, its trading volume has dropped by 30%, indicating lower trader participation compared to before. So, keep an eye on this movement! 👀$ADA

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