Cardano Price Analysis: $0.5 Breakout May Extend ADA Recovery by 21%

On July 18th, the Cardano (ADA) price gave a decisive breakout from the falling parallel channel pattern, with a significant boost in volume activity. Earlier today, the post-retest rally showcased a 12% growth, which allowed it to rechallenge the $0.5 resistance. However, the sellers defending this level restrict buyers from reclaiming this level. Key points: 

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