Cardano Breaks Multi-Year Resistance at $0.24; This Week Decides the Next Target
- —ADA closed the week at $0.248, breaking above resistance near $0.24 for the first time
- —Price now at $0.2438, down 2.6% in 24 hours and 4.22% over the week
- —24-hour trading volume fell 28% to $505.36 million
- —If the breakout holds, targets are $0.30 (+23%) and $0.40 (+64%)
Why it matters: Holding above $0.24 would confirm a shift from ADA's multi-year downtrend, while a drop below would signal a fakeout.
Source: Cryptonews.net