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Can Cardano break $0.25? ADA eyes breakout as Bitcoin holds $77K

Can Cardano break $0.25? ADA eyes breakout as Bitcoin holds $77K

Bullish
ADABTC
Invezz

Cardano (ADA) is testing key resistance at $0.25 as Bitcoin and Ethereum consolidate below major supply zones. However, after the recovery from recent lows, could ADA see a decisive breakout? Bitcoin's resilience above $77,000 despite broader market jitters gives bulls a slight advantage, with a retest of $80,000 likely to bring buyers back into the limelight. Bullish sentiment around upcoming Cardano events and commentary from founder Charles Hoskinson could also fuel gains. Cardano (ADA) bounce hits key resistance Santiment data highlights Cardano as one of the top cryptocurrencies in terms of total holders. Ethereum is near 190 million, and Bitcoin is edging towards 60 million. Meanwhile, Cardano has notched over 4.6 million, and Dogecoin has about 8.3 million.

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The original article is written in English.