Cardano (ADA) has been making waves recently, pulled up by a newly found enthusiastic demand pressure at the $0.24 support level. Investors and enthusiasts are eagerly watching to see if this bullish trajectory is solid enough to inspire confidence in a more extended recovery. After a period of uncertainty, ADA’s price has seen a resurgence, thanks in part to the $0.24 support level. This renewed demand has ignited a relief rally, catching the attention of traders and analysts alike. But, the question on everyone’s mind is whether this upward momentum can be sustained. Related Reading: Algorand (ALGO) May Have A Chance At A Bullish Streak – Here’s How According to a recent price analysis, if the current buying momentum persists, ADA could appreciate by another 3% within the week. This modest yet encouraging gain hints at the cryptocurrency’s resilience. However, there’s a significant obstacle standing in the way of a more substantial bullish turn. As of the latest available data, ADA is priced at approximately $0.254026 on CoinGecko, with a 2.6% gain in the last 24 hours and a slight ..
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