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Cardano Price Holds Key FIB Support for 20% Breakout Rally this Week

  • The Cardano price has rebounded after a healthy retracement, showing potential for a higher breakout.
  • Whale activity on the Cardano network has surged, indicating growing institutional or large investor interest.
  • The Cardano price recovery is supported by sustainability above the 50% Fibonacci retracement level, suggesting a bullish trend.
  • A downsloping trendline at $1.1 and $1.32 serves as key resistance for ADA buyers.

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