Cardano has now seen a 14% price increase over the past 7 trading days with a further 26% price increase over the past 30. Furthermore, throughout the past 3 months, Cardano has exploded by a total of 106%.

The cryptocurrency is now ranked in the 11th position in the market cap rankings, as it currently holds a $2.32 billion market cap valuation.

Let us continue to analyze ADA/USD and highlight some support and resistance moving forward.

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