Cardano's Price Surge and Whale Activity Signal Potential Rally

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Source: AMBCrypto
Cardano's Price Surge and Whale Activity Signal Potential Rally
Photo: AMBCrypto
TL;DR Summary

Cardano (ADA) is showing strong bullish signals with significant whale accumulation, technical support, and a dominance of long positions in futures markets. If ADA breaks the $0.93 resistance, it could potentially rise to $1.16, supported by rising open interest and positive market sentiment. However, the resistance level remains a challenge, and traders should watch for potential volatility.

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