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Is Cardano (ADA) Set to Skyrocket? Bollinger Bands’ Squeeze Signals Incoming Volatility
In a recent development, Nubank, a prominent Latin American financial institution backed by Warren Buffett’s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins, including Cardano. This move is significant as it highlights the growing mainstream acceptance of cryptocurrency investments. Additionally, Interactive Brokers, a leading global brokerage firm with $9.3 billion in revenue for 2024, has also announced an increase in its altcoin support to include four new coins, including Solana and Dogecoin.
As Cardano’s price experiences a significant surge, investors are left wondering if this is just the beginning of a long-term upward trend or merely a short-lived correction. According to recent market analysis, there have been signals indicating that volatility may be on the horizon for the cryptocurrency.
Source: https://u.today/is-cardano-ada-set-to-skyrocket-bollinger-bands-squeeze-signals-incoming-volatility
