Cardano (ADA) has jumped back into the top 10 cryptocurrencies by market cap after a strong 16% rally today. The token climbed from a low of $0.25 to nearly $0.312, pushing its total market value to around $10.6 billion.
The price is now attempting to break above the short-term downtrend line around $0.29. A confirmed daily close above $0.35 could open the path toward $0.40, followed by a stronger resistance zone near $0.50.
The projected move on the chart suggests a possible upside toward the $0.70–$0.73 area if bullish momentum strengthens.
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