The cryptocurrency market faces a potential shake-up as Cardano’s foundation prepares to offload a vast quantity of ADA tokens.

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Cardano poised for breakout: ADA could surge past resistance levels soon

Cardano is trading between $0.3193 and $0.3553, showing signs of consolidation. The RSI is above 56, indicating growing bullish momentum. With the MACD positive, ADA might soon test the nearest resistance at $0.3777. A break above this could see it reaching the next resistance at $0.4137, which is about 17% higher than current levels. The 10-day SMA is close to the current price, suggesting potential upward movement. Despite slight declines over the past week and month, indicators point toward a possible rally. If the altcoin season kicks off, ADA could be set for significant gains.

Conclusion

Amid ADA’s anticipated volatility from a significant sell-off and less short-term potential in other coins, DOGEN stands out. Designed for those seeking luxury and success, DOGEN expects 700% growth by the end of the presale. Following tokens like BONK, WIF, and Popcat, it offers real benefits and builds a community of leaders committed to market dominance.

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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article