Cardano Strikes Back! ADA Rebounds Strongly, May Create Historical Highs in 2025!

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Cardano (ADA) has recently experienced a significant correction, dropping to $0.76 at one point, over 40% down from its recent highs. This sharp decline was triggered by the Federal Reserve's hawkish policy guidance, leading to a heavy blow to global stock markets and the cryptocurrency market. According to Coin Glass data, the liquidation amount of ADA futures positions was close to $20 million.

However, ADA rebounded strongly at $0.76, rising back to $0.95, and successfully reclaimed the 50-day moving average, showing strong signals of market recovery. Experts believe that the worst period for ADA may have passed, and it could welcome a significant rebound in the future.

As macroeconomic factors are no longer the dominant influence, the focus may shift to the 'adoption' drive of cryptocurrencies, with ADA expected to break $1.0 in 2025 and welcome new market peaks.

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