📱 Cardano (ADA) Price Update – July 17, 2025

🚀 ADA shows strong bullish momentum! After a solid 39% rally this July, Cardano (ADA) is trading around $0.765, eyeing a breakout above the $0.78 resistance zone.

📊 Market Snapshot:

Price: $0.765 (+2.9% in 24h)

24h Range: $0.740 – $0.783

Market Cap: $26.7B

Volume: $1.59B

🔍 Technical Highlights:

Symmetrical triangle formation forming — breakout toward $0.90–$1.00 possible.

50‑day EMA turning bullish 📈

RSI at healthy levels (~66), suggesting continued momentum.

📰 Fundamental News:

Cardano Foundation reveals $660M+ in assets and $17M+ in staking income.

Active wallet count surges by 38%, driven by new tools like Cardano Card.

Community sentiment remains strong as on-chain activity grows.

📈 Forecast: Analysts predict a move toward $0.90–$1.00 in coming weeks if $0.78 is flipped into support. Some even eye $1.20+ if the trend holds and volume remains strong.

✅ Bottom Line:

Cardano is gaining strength both technically and fundamentally. A breakout is in sight — keep your eyes on the $0.78 level.

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ADA
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-5.01%

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