Cardano price surges 17% after breaking resistance, fueled by rising whale activity and record address. ADA signals a bullish trend.
Cardano Price Surges 17% After Breaking Key Resistance Level
The latest ADA price has surged 17% in the last 24 hours, reaching $0.4236 and hitting a four-month high. This jump followed a broader market rally, with Cardano rebounding over 23% in the past week after breaking through a multi-month downtrend. The crypto market gained momentum after Donald Trump’s victory in the 2024 U.S. presidential election, fueling optimism across digital assets.
Bitcoin, leading the charge, set a new all-time high of $76,943 on November 7, while Ethereum also rose above $2,900. Cardano’s strong performance highlights renewed investor interest, pushing it past key resistance levels and outperforming other top crypto markets in recent gains.
Cardano’s recent breakout, record address activity, and rising interest from major investors create a strong case for its growth. The top coin could maintain its momentum with favorable market conditions and potentially approach $1 soon.
Recommendations, suggestions, views and opinions given by the experts are their own not financial advice. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research. Information source trading view and online media.
#CardanoPredictions #CardanoSurge #cardano #ADABullish #ADA/USDT
