Cardano price declined on Monday after getting rejected near the $1.10 mark. ADA has struggled for traction above that level for the last four days, signaling an exhaustion of the upside momentum. However, the sentiment surrounding the coin is still bullish after gaining 25% in the last week. What could influence Cardano price? ADA looks primed for a stronger performance in 2025 thanks to a series of upgrades and a potential spot ETF approval. The ETF approval is especially significant, […]
The post Consolidation or Reversal? Cardano Price Declines After Resistance at $1.10 appeared first in UK on InvestingCube.
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