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May 9, 2025

Cardano Eyes Bullish Reversal—Can ADA Reclaim $1 or Fall Below $0.6?

Cardano’s market performance has taken a dramatic turn recently, signaling a shift in market sentiment. After experiencing a deep correction in Q1, the ADA token has rebounded impressively by over 20%. This recovery allows ADA to reclaim some previous losses and now poses the critical question: will it break the $1 barrier again, or will it slip back below $0.6? Investors should keep a close watch on these price movements as Cardano navigates this crucial juncture.

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