ADA price stays positive as Cardano network activity heats up CardanoADA CardanoCommunity $ADA
As reported, Ali stated that Cardano is poised to confirm a head and shoulders pattern, potentially igniting a 44% breakout that could propel ADA to $0.60.At the time of writing, Cardano's ADA was up 4.20% in the last 24 hours at $0.458, outperforming the top 10 in daily gains. The coin is likewise up 17.80% in the past seven days.
Supporting the ADA price increase is the positive crossing of its moving averages, an occurrence not seen in years. For the first time since 2020, Cardano's daily moving average 50 has crossed over the MA 200, which is deemed positive., a Cardano community-focused Twitter account, has taken to Twitter to highlight several positive developments seen in the Cardano ecosystem during the week. Some of these are listed below.I highlight news, minor and major.
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