Crypto
Cardano tests breakout from long trading range, focus on holding $0.24
Cardano (ADA) has moved above the $0.24 level on the weekly chart, a zone that had acted as resistance for years. The Crypto Basic said this week’s price action will be pivotal in determining whether the move marks a trend reversal or a temporary breakout. Staking pool operator Sssebi said ADA ended the week above the resistance area, but cautioned it is too early to call it a confirmed breakout. Analysts cited $0.30 and $0.40 as key levels.
