Cardano (ADA) has experienced a 42% rise in just seven days, capturing global investor attention.
A 5% decline over the past 24 hours raises concerns about a potential loss of momentum.
Cardano's price targets include $0.85 and $1.00 if the bullish trend continues, with potential support at $0.68 and $0.61 if bearish momentum persists.
Investors are advised to exercise caution given the dependence on Bitcoin's performance and the possibility of further market corrections.