The Cardano price is currently consolidating within a tightening range, with resistance at $0.7800 and support along an ascending trendline starting from lower levels around $0.6000. A breakout above the resistance level could trigger a bullish move, with potential targets of $1.00. However, failing to sustain above the support trendline could result in a price dip, with lower support levels at $0.7200 and $0.6800. Increased trading volume may indicate the likely direction of the breakout. The sentiment gauges for ADA show conflicting views, with crowd sentiment being bearish and smart money sentiment being bullish. The GitHub development activity for Cardano is also high, reflecting ongoing development efforts and potentially boosting investor confidence. Ethereum leads in terms of development activity, followed by other notable projects in the crypto ecosystem.



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