Cardano (ADA) has experienced a recent rally, surpassing resistance levels at $0.70, $0.720, and $0.80. However, the price is now undergoing a correction and struggling to break above the $0.780 zone. The bulls are currently active near the $0.7550 support level, with a bullish trend line forming at $0.750. ADA is currently trading above $0.7550 and the 100-hourly simple moving average. If it can overcome resistance at $0.820, it may initiate a strong rally towards $0.9150 and potentially even $1.00. On the other hand, if ADA fails to surpass the $0.80 resistance level, it could experience another decline, starting with support at $0.750 and the trend line. The next major support levels are at $0.7150 and $0.650.



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