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Cardano (ADA) Breaks Resistance—$1 Target in Sight as Bulls Charge Past Critical Moving Averages
Cardano (ADA) Breaks Resistance—$1 Target in Sight as Bulls Charge Past Critical Moving Averages
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ADA’s price just sliced through two key technical barriers—now traders are betting the third-gen blockchain’s token could rally to its first dollar valuation since the 2021 bull run.
Why the surge? Cardano’s recent network upgrades finally delivered what developers promised years ago (shocking, we know). Meanwhile, Bitcoin ETF inflows are dragging the entire crypto market upward—even the ’academic’ coins that usually move at glacial speeds.
Watch the 50-day and 200-day moving averages. If ADA holds above these levels, the path to $1 clears. If not? Well, there’s always another whitepaper revision.
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