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Cardano (ADA) Bounced Back After Dropping 24% In a Day

  • Cardano (ADA) price experienced high volatility but recently broke out above key EMAs.
  • Last week, ADA price surged by 38% following the announcement of Trump's US crypto reserve.
  • Currently, ADA price is trading above key EMAs, and RSI and MACD indicators indicate a bullish trend.
  • If ADA successfully breaks the $1 psychological level, a potential rally is expected.

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