๐ Market Overview
Current Price: ~$0.78 USD
24h Change: +9.5%
24h Range: $0.71 โ $0.81 USD
Market Cap: ~$28.2 billion USD
24h Trading Volume: ~$1.27 billion USD
Circulating Supply: ~36.05 billion ADA
All-Time High: ~$3.10 USD (September 2021)
๐ฐ Recent Developments
Technical Breakout: ADA has broken above the critical $0.70 resistance level, marking a decisive shift in momentum after testing lower levels earlier in the week.
ETF Speculation: The potential approval of a Cardano ETF filed by Grayscale with the New York Stock Exchange has analysts predicting a 75% chance of approval, which could give ADA the momentum it needs to hit $1 again.
๐ฎ Price Forecast
Analysts suggest that if ADA maintains its current momentum, it could test resistance levels around $0.72 to $0.75 in the near term.
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