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Cardano Approaches Critical Resistance – Break Above Could Trigger Move To $0.80

  • Cardano is gaining bullish traction, pushing above the $0.70 mark as it attempts to reclaim the $0.75 resistance level.
  • Top analyst Ali Martinez suggests that ADA looks poised for a potential breakout toward $0.80, with key support holding firm and market sentiment shifting favorably for bulls.
  • Cardano faces a critical resistance test near the upper boundary of a key resistance zone, with a confirmed breakout above $0.75 potentially leading to a rally toward $0.80 amidst a broader altcoin rally.
  • ADA is trading at $0.7232 with a strong daily gain of +7.70%, breaking above key moving averages and nearing the upper boundary of a descending channel, indicating a resurgence in bullish momentum and potential for a rally to $0.80–$1.00 range.

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