The price of Cardano (ADA) against Bitcoin (BTC) has experienced significant volatility, with ADA surging nearly 200% against BTC at the end of last year before going on a 45% downtrend. Currently, ADA is trading at a level where it finds strong support from the 200-day moving average and has resisted breaking this level for three consecutive days. The Relative Strength Index (RSI) indicator has dropped to its lowest level since October, suggesting a possible convergence of technical indicators for a bullish reversal for Cardano against BTC. Analysts believe this combination of factors may indicate a bullish trend for ADA, but it is important to note that nothing is certain in the crypto market and volatility remains a factor.



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