Markets· ★★· bullish·

Cardano's ADA Jumps 7.03% to $0.24, Reclaims 200-Day Moving Average

  • ADA gained 7.03% in 24 hours to $0.24, hitting an intraday high of $0.2488
  • The token is up about 24.5% from its recent low near $0.196
  • Accumulation rose from 400 million to 695 million ADA during the rebound
  • Resistance sits at $0.2488–0.25, support at $0.239–0.24
Why it matters: Holding above the 200-day average would confirm a trend shift; a break of $0.25 opens the way to $0.256.
Source: TokenPost