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Cardano’s ADA poised for potential breakout

ADA faces seller pressure but ROSE weekly: The Cardano (ADA) market saw its rate dip by 0.40% in the last 24 hours, yet the cryptocurrency experienced a significant weekly rise of 12.69%, demonstrating strong market activity.

KEY resistance levels crucial for breakout: On the hourly chart, ADA is approaching resistance, with potential prices between 1.22 USD and 1.23 USD if a breakout occurs. The daily chart supports this view, indicating a possible rise to the 1.30 USD mark.

Weekly closure important for bullish trend: For ADA to maintain a bullish sentiment, close monitoring of weekly closures above 1.1542 USD is necessary, signaling robust bullish momentum and potential further gains in the Cardano market.

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