Cardano, one of the leading altcoins, experienced a significant price surge as the broader crypto market showed signs of recovery.
ADA's current price nearing $1 has investors eyeing its potential to breach this critical level, influenced by Bitcoin's performance.
Recent performance and metrics of Cardano include a 9% increase in the last 24 hours and a market capitalization of $33.4 billion.
Cardano's near-term performance is closely tied to Bitcoin's price movements, with analysts predicting a breach of $1 in the bullish scenario or a retracement to $0.92 in the bearish scenario.