Cardano Attains a New High at $1.38 but Faces Rejection at $1.40 High

Since August 1, the price of Cardano (ADA) has risen to a high of $1.38. Shortly after reaching the new price level, the cryptocurrency asset fell back to a low of $1.26. Buyers pushed the altcoin to the previous high, but the upward momentum could not be sustained.
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