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Cardano Hits $0.63 Following Hoskinson’s Political Announcement, Technical Indicators Signal Caution

  • Cardano surges 35% to seven-month high at $0.63 before retracing.
  • RSI reaches 78.79, highest since December 2023, indicating overbought conditions
  • Political catalyst emerges as Hoskinson announces potential Trump administration involvement
  • Cardano demonstrates significant price volatility following founder Charles Hoskinson’s announcement regarding potential involvement in future US crypto policy development.

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