CandleFocus Cardano (ADA) Reclaims Top 10 Spot as Price Shoots 11%
2024-09-14
Author: Content Editor
Cardano (ADA) has become the 10th largest cryptocurrency by market capitalization after experiencing a surge in its price. In the last 24 hours, ADA's price has increased by 11%, reaching $0.355. The trading volume has also grown by 5.23% to $219,327,138. This rally is attributed to the overall market recovery and recent upgrades within the Cardano ecosystem. The next crucial support level for ADA is $0.365, and a breakthrough could lead to further price increases. The positive performance of other top cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), is contributing to the current crypto market rally, which is driven by favorable U.S. inflation figures.
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