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Cardano Price Soars 42% in a Week: Is the Momentum Shifting?

  • 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.

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