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$5 ADA Target Envisioned for Cardano as Whales Scoop Up Over 120 Million ADA in a Day

  • Cardano (ADA) shows resilience in the face of a crypto market pullback led by Bitcoin's dip.
  • Analysts predict a potential breakout for ADA, with forecasts of a surge to $5.35 based on Fibonacci extension models.
  • Whales accumulating over 120 million ADA in the past 48 hours signal growing confidence and potential price rallies.
  • Cardano's fundamental advancements, including the launch of the Bitcoin-backed DeFi protocol 'Cardinal', contribute to long-term bullish sentiment.

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