Cardano’s Journey Towards $1: Analyzing Momentum and Potential

Despite briefly reaching $1 in mid-August, Cardano (ADA) has seen its price falter. The token rallied after July’s sell-off but struggled to maintain momentum following a surge above the crucial threshold. A series of attempts to reach $1 were blocked by resistance, leading to a significant drop when market volatility hit early this week. The price dropped considerably before rebounding swiftly. 📈 📉 📈 🧐