đˇ ADA (Cardano) Market Update â Is the Smart Contract King Making a Comeback?
Cardano (ADA) is back in the spotlight!
ADA, one of the largest platforms in the smart contract ecosystem, is currently in a consolidation phase. Many analysts are saying â a major breakout could happen very soon! đ
đ Current Status of ADA: đš Key Support: $0.36
đš Major Resistance: $0.42
đš Daily trading volume has increased by +12%
đ§ Trading Strategy: â Follow the SNR Strategy on the 1-minute timeframe
â Itâs possible to achieve good profits if you can enter on a pullback
â If you want to catch the larger trend, also keep an eye on the 5min-15min timeframes
đŖ New DeFi and NFT projects are coming to the Cardano blockchain, which could further increase the value of ADA.
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