Will ADA reclaim $1 soon?
Cardano’s ADA is showing signs of recovery after a 40% drop since early December. Currently trading at $0.94, it’s consolidating near the $0.95 resistance. A breakout above $1 could push the price to $1.25, while failure might see support at $0.85 or $0.72.
With $98M in exchange outflows and an 8% rise in open interest, on-chain metrics suggest growing bullish momentum. RSI near oversold territory also hints at upside potential.
Source: CoinPedia News
