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TronWeekly

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Cardano Price Analysis: ADA Eyes $1.20 with Momentum Above Key Moving Average

  • Cardano (ADA) shows bullish momentum, with a 1.45% rise in 24 hours and 6% in the past week.
  • Trading above the 50-day moving average, ADA could rally if it holds this level.
  • Next resistance levels are $0.80 and $0.90, with potential for a move toward $1.20.
  • A sustained move above the 50-day MA could trigger further growth.

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