Cardano (ADA) has experienced a significant price surge, with the token reaching $1.05. In the last 24 hours, the coin has jumped by 13.03%, prompting speculation about a possible larger rally. The rising price has been accompanied by increasing volume and positive technical indicators, suggesting that ADA's short-term outlook is positive. Key support and resistance levels will be important to watch for future price movements. Additionally, recent market inflows and outflows indicate a shift in sentiment, with new money entering the market and potentially driving further price gains.



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