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Cardano Defends $0.75 Support as Analyst Eyes $1 Price Target

Summary by The Crypto Basic
Cardano is retesting the $0.75 support level amid rising volatility. Will ADA rebound to $1, or break down toward $0.71? The price of ADA is struggling to maintain its uptrend, as short-term volatility threatens a breakdown below the $0.75 support zone. A drop could lead to a test of the 200-day EMA at $0.71, while
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Cardano Feed broke the news in on Friday, May 16, 2025.
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