The native token of the Cardano blockchain, ADA, has experienced a 5.11% drop in the past 24 hours, trading at $1.07. Despite the decline, ADA remains the ninth-largest digital asset with a market capitalization of $37.74 billion, although it is down 65.63% from its all-time high. Analyst Ali Martinez suggests a potential rally to $6 within two to three weeks, drawing parallels to past patterns. ADA has gained 16.00% over the past week, with a 9.63% increase in the last month and a 105.36% surge in the past year. The RSI indicator suggests possible retesting of the $1 support level in the short term, while the MACD indicator remains bullish but shows weakening momentum.



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