<ul data-eligibleForWebStory="false"><li>Cardano (ADA) has shown strength by reclaiming $0.60 and testing the 200 EMA at $0.6053, indicating a potential short-term trend reversal and bullish momentum.</li><li>Breaking above key levels such as the 0.786 Fib at $0.5969, ADA now has crucial support at $0.5916 and $0.5879, with a possibility of rapid momentum towards $0.65–$0.70 and potentially reaching $1.</li><li>Cardano is currently positioned for a potential rally in the long run, with higher lows on the 4-hour chart and breakout above key Fib retracement levels, paving the way for further upside.</li><li>Derivatives data suggests a quiet bullish build-up for ADA, with a decline in trading volume but an increase in open interest, signaling a mild bullish sentiment that could drive the price up as resistance is maintained.</li></ul>

Cardano Gains Strength as Next Crypto to Hit $1 Amid Key Breakout

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