Cardano (ADA) Breaks Key Resistance: Is a Rally to $1.11 Next?

Quick Summary:

Cardano (ADA) has taken the lead in the altcoin rally, posting a massive 11.77% intraday surge and breaking through key resistance levels.

This bullish reversal suggests a potential breakout rally, with ADA now targeting the $1 psychological level and beyond.

ADA has also faced resistance at the 23.6% Fibonacci retracement level of $0.8127, with a 24-hour high at $0.8131.

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets: United Arab Emirates

Topics: Cardano ADA Editors News Investing News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 18:45:53 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 298 words

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Sentences: 30 lines

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Copyright Owner: © TheNewsCrypto

News ID: 26092556

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