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Cardano $0.93131 (ADA) has exhibited a noteworthy price increase, bringing relief to traders after a period of volatility. After dipping to $0.7659 in recent weeks, ADA has begun to rise following a brief consolidation phase. Currently, it is attracting attention with a bullish flag pattern.
ADA Price and Technical Analysis
ADA’s price has risen by 6.66%, trading at $0.9412. Technical analyst Av Sebastian highlights various indicators that support this upward trend. According to the analyst, the ADA/USD chart shows a bullish flag formation, suggesting that the price could continue to rise.
Sebastian noted, “Many people have pointed out the large bullish flag formation on the $ADA chart, and I agree with this analysis. We are witnessing a recovery in the
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