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Cardano Price Holds Key FIB Support for 20% Breakout Rally this Week
The bullish momentum in the cryptocurrency market continues to strengthen as Bitcoin rallied high above $100k. BTC’s sustainability in six-figure has boosted most major altcoins, including ADA. The Cardano price recent rebound from $1 after a healthy retracement, and whale buying hints potential for a higher rally. By press time, the ADA price trades at $1.102 with an intraday gain of 0.2%. According to Coingecko, the asset’s market cap stands at $39.5 Billion, while the trading volume is at $1.8 Billion.
The Cardano price recovery backed by whale buying signals potential for a higher breakout.
Source: http://www.cryptonewsz.com
