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Cardano (ADA) Skyrockets 29%, Is $1.2 Next?

2025-07-13 15:35:29

Cardano (ADA) Skyrockets 29%, Is $1.2 Next?

Main Idea

Cardano (ADA) has surged 29% in the past week, with analysts predicting a potential rise to $1.20 if key resistance levels are broken, amid broader bullish sentiment in the crypto market.

Key Points

1. Cardano (ADA) surged 29% in the last seven days, reaching a high of $0.777 before encountering resistance.

2. Analyst Ali suggests that breaking the $0.90 resistance could pave the way for ADA to rally to $1.20.

3. Cardano founder Charles Hoskinson predicts a 'gigachad bullrun' with Bitcoin reaching $250,000 and trillions flowing into altcoins.

4. ADA's price rally coincides with ecosystem growth and upcoming developments in governance.

5. The broader crypto market is experiencing bullish momentum, with Bitcoin hitting new all-time highs.

Description

Cardano rallied sharply to high of $0.777

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