$ADA
š $ADA Price Overview
Cardano (ADA) is currently trading at $0.7472, reflecting a slight decline of 2.00% over the past 24 hours. The intraday high reached $0.7791, while the low dipped to $0.7324.
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š Technical Analysis
Support & Resistance: $ADA is testing a support zone between $0.7422 and $0.7532. If this support holds, the next resistance levels to watch are $0.8094 and $0.8180.
Chart Patterns: The price action suggests a potential bullish reversal, with a recent bounce from the $0.7350 support level. A confirmed breakout above $0.7640 could signal further upside momentum.
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š§ Fundamental Developments
Chang Hard Fork: Cardano's development team is advancing the Chang hard fork, aiming to enhance scalability and governance features as part of the Voltaire phase.
ETF Prospects: There's growing anticipation in the crypto community regarding the approval of a Cardano ETF, with prediction markets indicating a 55% likelihood of approval by the end of 2025.#BinanceTGEAlayaAI