🚨Latest Update on Cardano ($ADA )🚨
💥Current Price and Market Trends
🔹️Current Price:
ADA's current price is around $0.67, with a 24-hour change of -3.5%.
🔸️Market Trend:
Despite the slight drop, ADA shows signs of strength with a V-shaped bounce, indicating active support zones.
💥Recent Developments
🔹️Institutional Interest and ETF Buzz:
Growing institutional interest and potential ETF developments are contributing to ADA's market activity.
🔸️Technical Levels:
Key support levels are $0.68 (minor) and $0.63 (major), while analysts suggest ADA could trade in the $0.70-$0.90 range this month.
💥Future Prospects
🔹️Breakout Potential:
Momentum hinges on a breakout above $0.73, more institutional buys, and official ETF news.
🔸️AI Testnet:
Cardano has unleashed an AI testnet, potentially revolutionizing blockchain scalability.