π Cardano ( $ADA ) surged 13.79% in 24 hours, reaching $0.87 on the back of broader market optimism and Bitcoinβs rally. Weekly gains now total 39%, pushing ADA closer to the key $1.00 psychological level.
π To hit $1, ADA must first break past the $0.93 resistance. The 50-day EMA is trending upward, hinting at a possible Golden Cross β a bullish signal that could extend momentum in the coming days.
β οΈ Still, risks remain. If $ADA drops below the $0.85 support, it may slide to $0.80 or even $0.74 β invalidating the current bullish setup and signaling a potential reversal.
π§ All eyes now on $0.93: breakout or rejection will shape ADAβs next move.
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