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Cardano’s $1.5 Price Target: Coinbase Futures Launch Changes Everything

  • Coinbase Derivatives launches Cardano futures, expanding its market reach and aiming for increased ADA adoption and price stability.
  • ADA’s price forms an ABCDE triangle, with a potential bounce from the 0.5-0.618 Fib zone signaling a possible rise to $1.5.
  • Coinbase announced the launch of Cardano futures on Coinbase Derivatives, potentially accelerating adoption and contributing to price stability.
  • Traders should keep a close eye on the 0.5-0.618 Fibonacci retracement zone, as a bounce from this level could trigger an upside potential to $1.5.

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