Cardano price is holding above critical support in the wake of a widespread pullback in the cryptocurrency markets. The smart contracts token saw a V-shaped recovery after bulls stepped in at the $0.3350 support area.
ADA’s uptrend saw its momentum weakened by resistance at $0.4200 over the weekend. If its immediate support at $0.4000 holds, investors can look forward to continuing Cardano’s northbound quest, first to $0.50 and then to $1 in the coming weeks….
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