Cardano Price Surges Above Key Levels
- Cardano (ADA) initiated a rally above the $0.720 and $0.750 levels.
- The price is currently trading above $0.750 and the 100-hourly simple moving average.
- A break occurred above a bearish trend line with resistance at $0.770 on the hourly chart.
- ADA reached a high of $0.8286 before correcting down to the $0.7620 zone.
- The price cleared the $0.780 resistance and is now facing resistance near the $0.80 zone.
Cardano’s price has rallied past significant resistance levels, including $0.750 and $0.80, reaching as high as $0.8286 before a correction brought it back to test support around the $0.7620 level.
Source (2.6)https://www.newsbtc.com/analysis/ada/cardano-ada-bulls-in-action-0-750/?rand=52377
