Cardano price is pressing against the 50-day moving average, trading near $0.82 after a mild decline. Traders are also keeping a keen eye on a break-out beyond this short term cap that would see gains surge to beyond $0.90 and $1.00. Since early 2023, the token has been tracing higher lows, indicating that there is still some bullish momentum at play.
Moreover, analysts highlight that long-term projections remain optimistic, with
