Analytics

ADA Price Poised for 9% Surge Amid Rising Network Activity

ADA price increased on the last day together with the entire market. The ADA chart shows some upward movement, but weak volume signals the rise may be short-lived. While improving network activity is positive for price, a major overhead resistance may prove hard to break if ADA bulls have nothing else more tangible to ride on. Consequently, Cardano price may be at the mercy of Bitcoin for now as Chang upgrade launch could become a sell-the-news event.

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