Despite a drop in value, Cardano's ADA token has reclaimed the $1 price level, currently trading at $1.01. It holds strong support at $0.90 and resistance at $1.10, with potential for a move towards $1.50. Analysts predict upward momentum with projections of a new all-time high of $6. The market sentiment is balanced between bulls and bears, but there is a risk of bearish divergence if ADA loses the $1 support. Investors are hopeful for a bullish breakout under Donald Trump's pro-crypto administration. The addition of ADA to the Grayscale Digital Large Cap Fund and discussions on a Cardano ETF contribute to positive sentiment.



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