Cardano Looks Set to Breach $0.55 Resistance As Investors Stack Up ADA for the Long Term
Cardano (ADA) could embark on a massive rally in the short term as the token looks set to breach the $0.55 resistance level. Despite ending 2023 on higher grounds, Cardano’s performance this year has been disappointing. The eighth-largest cryptocurrency by market capitalization has lost most of the gains it recorded in Q4 2023. Data from…