Today, March 2, 2025, the price of Cardano (ADA) has seen a significant increase, reaching an intraday high of $1.13, with a gain of approximately 55.67% from the previous day.

Cardano (ADA) is a cryptocurrency in the CRYPTO market. The current price is $0.990821, showing a change of +0.35433 (55.67%) from the previous close. The intraday high is $1.13, while the intraday low is $0.636241.

However, some analysts predict a possible price correction for ADA towards $0.67. This forecast is based on technical analysis, which indicates strong resistance at higher levels, suggesting a potential phase of consolidation or retracement in the short term.

Additionally, today's announcement from former U.S. President Donald Trump has influenced global financial markets. Historically, Trump's statements have had a notable impact on markets, causing volatility in both traditional financial markets and the cryptocurrency space. For instance, in the past, his economic policies have led to significant surges in various financial sectors.

It is important to note that the cryptocurrency market is highly volatile and influenced by a combination of technical and fundamental factors. Therefore, investors should exercise caution and carefully consider their investment strategies in this dynamic environment.