Cardano (ADA) has regained the $1 threshold and is now considered one of the best-performing assets in the cryptocurrency market. The move represents a major turning point for ADA after weeks of consolidation below $1. It has outperformed its top 10 peers in the short term, indicating rising market confidence. The price chart of ADA shows a definite bullish momentum. Currently stabilizing above $1, the asset successfully broke through its 50 EMA, which is now a critical support zone. Immediate resistance levels are at $1.10 and $1.15, and a sustained hold above $1 could lead to bigger gains, possibly targeting $1.25. However, a rejection close to this area could result in a slight pullback or temporary consolidation. In a bearish scenario, important support areas lie at the $0.97-$0.95 range and the 100 EMA near $0.88. ADA's recovery is supported by volume trends and RSI levels suggest there is still room for further upward movement. ADA's comeback demonstrates its tenacity and increasing investor appeal, as it is one of the most developed blockchain platforms. The focus now is on maintaining momentum and breaking higher resistance levels. ADA's outperformance makes it a valuable asset to monitor.



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