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ADA Explodes 30% in New Bull Run—$1.22 Breakout Looms

  • Cardano's price has surged by nearly 30% in a week, peaking at $0.777 but facing resistance at the 200-day M.A.
  • Traders are hopeful for a breakout towards $1.22, with the cryptocurrency showing signs of strength and potential.
  • The Cardano Foundation launched Reeve, a financial reporting tool, contributing to the price rally.
  • Charles Hoskinson, the founder, predicts significant capital inflows into altcoins, potentially fueling a broader rally.

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