CandleFocus Cardano (ADA) Price Prediction for January 15: What to Expect in the Next 24 Hours
2025-01-15
Author: Content Editor
Cardano (ADA) has surged back above the $1 mark, climbing 6.8% in the past 24 hours to reach $1.02. Grayscale, a major digital asset management firm, has been accumulating significant amounts of ADA, signaling institutional interest in the altcoin. ADA's market cap has now surpassed Deutsche Bank's valuation, highlighting its growing dominance. There is also an increased probability of a Cardano exchange-traded fund (ETF) approval, which could lead to new all-time highs. Technical indicators also suggest a positive outlook for ADA, with analysts anticipating a potential retest of the $1.10 resistance level in the near future. ADA accumulation has been on the rise, indicating increased bullish sentiment.
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