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Cardano (ADA) Price Up in Past Week Despite YTD Drop
- Cardano (ADA) price has increased by 13.40% in the past week despite a 37% year-to-date drop.
- Technical analysis suggests a potential 500% gain with a target price of $2.40 in six months.
- EMA crossover and MVRV ratio indicate the potential for a significant rally.
- ADA's current market position mirrors its setup prior to the massive rally in December 2020 to May 2021.
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