• ADA dropped below $1 in the past 24 hours but is now trading well above it.
• Analyst Ali Martinez expects ADA to claim a price tag of $6 in the near future.
• Trump’s pro-crypto administration begins today and the crypto market awaits a breakout.

Cardano’s ADA token reclaimed the $1 price level in the past 24 hours, despite a 5.67% drop in value. As of now, ADA trades at $1.01, securing its position as the ninth-largest cryptocurrency with a market cap of $35.57 billion, according to CoinMarketCap data.

The $0.90 price level has proven to be strong support for ADA, holding steady despite recent market fluctuations. On the upside, resistance at $1.10 is within reach, and investors are closely watching for a move towards this level. A successful breach could push ADA toward its next key resistance at $1.50.

Today marks the beginning of Donald Trump’s pro-crypto administration, with investors waiting for a potential bullish breakout for the market. ADA could make higher highs in the coming days  with discussions intensifying on a spot Cardano ETF. 

Related: Cardano’s DeFi Network Gets a Lift from BitcoinOS Integration

Analyst sentiment has been ove…

The post Cardano (ADA) Price Trends: What’s Ahead on January 21? appeared first on Coin Edition.

• ADA dropped below $1 in the past 24 hours but is now trading well above it.
• Analyst Ali Martinez expects ADA to claim a price tag of $6 in the near future.
• Trump’s pro-crypto administration begins today and the crypto market awaits a breakout.

Cardano’s ADA token reclaimed the $1 price level in the past 24 hours, despite a 5.67% drop in value. As of now, ADA trades at $1.01, securing its position as the ninth-largest cryptocurrency with a market cap of $35.57 billion, according to CoinMarketCap data.

The $0.90 price level has proven to be strong support for ADA, holding steady despite recent market fluctuations. On the upside, resistance at $1.10 is within reach, and investors are closely watching for a move towards this level. A successful breach could push ADA toward its next key resistance at $1.50.

Today marks the beginning of Donald Trump’s pro-crypto administration, with investors waiting for a potential bullish breakout for the market. ADA could make higher highs in the coming days  with discussions intensifying on a spot Cardano ETF. 

Related: Cardano’s DeFi Network Gets a Lift from BitcoinOS Integration

Analyst sentiment has been ove…

The post Cardano (ADA) Price Trends: What’s Ahead on January 21? appeared first on Coin Edition.