Cardano ADA Bulls Face Resistance: Will They Break the $0.75 Barrier?
Cardano ADA is currently trading in a tight range between $0.65 and $0.75. Whales are showing strong interest, accumulating approximately 180 million tokens recently. Despite this accumulation, the price faces significant resistance at $0.75. Technical indicators imply that consolidation is likely to continue until a decisive breakout occurs. Traders are watching closely as these levels will determine ADA’s next move. If bulls can overcome the $0.75 resistance, it could signal a new bullish wave heading for Cardano. Investors should prepare for potential swings along this critical price level. With market dynamics constantly shifting, analysts recommend keeping a close eye on trading volume and macroeconomic trends influencing this cryptocurrency. The next few sessions will be vital for ADA.