The native token of the Cardano blockchain, ADA, is showing signs of a potential rally as whales and institutions start accumulating the token. Recent data indicates that over 70 million ADA tokens have been moved by crypto whales from exchanges in the past four trading days. Technical analysis suggests that ADA is currently bullish but is facing resistance. If it manages to breach this resistance and close a daily candle above $0.85, there is a strong possibility of a 33% surge to reach $1.13 in the future. Currently, ADA is trading at around $0.789 with a modest price surge of 2.35% in the last 24 hours. However, trading volume has dropped by 40%, indicating lower participation from traders and investors.



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