Cardano ADA Price Surges Beyond Key Resistance Level
2025-07-16 10:16:35
Main Idea
Cardano's ADA price surpassed the critical resistance level of $0.74, driven by increased blockchain activity and the launch of the Cardano Card, with technical indicators suggesting a potential rise to $0.85.
Key Points
1. Cardano's (ADA) price exceeded $0.74 on July 16, 2025, attracting significant market attention.
2. Emurgo launched the Cardano Card on July 15, enabling global spending, DeFi rewards, and treasury allocations with ADA coins.
3. Active Cardano addresses surged by 38% over ten days, reaching 38,500, reflecting increased network usage.
4. Technical indicators, including the Bollinger Bands and RSI, suggest ADA could target $0.85 in the near future.
5. CoinMarketCap's altcoin season index indicates a shift of capital from Bitcoin to altcoins like Cardano.
Description
Cardano ADA price broke key resistance at $0.74, attracting market interest. The Cardano Card launch increases blockchain activity and sustainable network funding. Continue Reading: Cardano ADA Price Surges Beyond Key Resistance Level The post Cardano ADA Price Surges Beyond Key Resistance Level appeared first on COINTURK NEWS .
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