Cardano Price Holds Strong, Hydra Upgrade Fuels Bullish Momentum

Cardano has maintained stability above the $0.76 mark, showcasing investor confidence despite recent market fluctuations. This support zone is bolstered by key technical factors such as Fibonacci retracement levels, Point of Control trading volume, and the lower Bollinger Band. The Hydra upgrade has further fueled this bullish momentum, with transaction speed and cost efficiency significantly enhanced. With a potential price target of $1.44 if current support holds firm, Cardano continues to attract investment interest.